How did the eruption of eyjafjallajokull affected the world economy?

The eruption of Eyjafjallajökull in April 2010 had a significant impact on the global economy, primarily due to the widespread disruption of air travel. The ash cloud generated by the eruption led to the cancellation of over 100,000 flights, stranding millions of passengers and causing losses estimated at around $5 billion in the airline industry alone. Additionally, the disruption affected global supply chains, particularly in industries reliant on just-in-time delivery, such as electronics and perishable goods. The incident highlighted the vulnerability of global transportation networks to natural disasters.