The International Air Transport Association estimates that the Icelandic volcano crisis cost airlines more than $1.7 billion in lost revenue through Tuesday, April 20 — six days after the initial eruption.

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Emerging new aircraft types such as Cruise-Efficient Short Take-Off and Landing transport aircraft potentially could have a strong positive effect on the efficiency and capacity of the U.S. Next Generation Air Transportation System, according to research recently completed by Sensis Corporation and its project team.

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Scientists in the U.S. are working on a prototype system to provide aircraft with updates about severe storms and turbulence as they fly across remote ocean regions.

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