The problem is that most of the transatlantic aircraft are twin engine aircraft, and they are given what is called an ETOPS rating which dictates how many minutes they can be from the nearest suitable runway. Our aircraft at Delta are all 180 minute aircraft (some are only 120 minutes). You really can't fly much further south across the Atlantic and still be within 3 hours of a runway. Aircraft with three and four engines are not bound by this and could fly a more southerly route, but they account for a smaller traffic segment.
BTW...this volcano is costing Delta, alone, ten million bucks a day. OUCH!
I was very impressed with Delta for expanding their international legs during reorganization.

Do you know what the stop loss is on the insurance before it kicks in? The total losses to date are close to $2B with almost half of that attributed to the airlines. So, the insurance and reinsurance carriers will be reporting hefty losses this year as well.
