Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      LLPs remain under watchful eye – especially from the taxman

      Tax documents and calculator on a desk, symbolizing financial planning and tax preparation for businesses and individuals.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Exclusive: O2 Arena bosses pitch to host another Formula 1 launch event

      Breaking news event coverage with journalists and cameras capturing a live press conference in a bustling city environment

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Bowls Club is the City’s most eccentric (and brilliant) pop-up

      Local bowls club members enjoying a sunny day on the green, engaging in a competitive match with vibrant surroundings.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 28 August 2014 10:09 am  |  Updated:  Friday 07 June 2019 6:13 am

Return of the ash cloud? The Icelandic met office has outlined three scenarios for the Bárðarbunga volcano

By: Emma Haslett

Add as a preferred source on Google

Grumbling Icelandic volcano Bárðarbunga has had the airline industry on tenterhooks since mid-August as it continues to hint at a possible eruption.

Now it looks like it might be getting ready to blow, after "cauldrons" of water began to appear on the ice sheet above it.

The volcano, pronounced "Bowr-tha-boon-ga", is below the 500m-thick Vatnajökull glacier. Yesterday evening, scientists began to notice 1km-wide, 10-15m deep pools of water on it, suggesting an eruption is about to take place – or has even taken place under the glacier.

The 10-15 m deep cauldrons, 1 km wide, south of the #Bárðarbunga caldera. Picture by https://t.co/ZiKocZlLJS pic.twitter.com/lSLWDJZnEO

— Almannavarnir (@almannavarnir) August 28, 2014

Over the past two weeks, seismic activity around the volcano has moved in two directions: west, and northeast (as shown in the chart below), suggesting magma has created a "dyke", where magma flows through fractures in the ground, leaving a vein of newly-formed rock in its wake. That suggests if it does erupt, it will be through one of its vents, rather than through its main crater.

Source: Icelandic Meteorological Office

So what happens if she does blow? Will we be faced with Ash Cloud 2.0, reminiscent of the 2010 explosion of Eyjafjallajökull, which grounded 107,000 flights and cost airlines $200m (£121m) per day?

According to the Icelandic met office, its advisory board has come up with three potential scenarios:

1. The migration of magma could stop, accompanied by a gradual reduction in seismic activity.
 
2. The dyke could reach the surface of the crust, starting an eruption. In this scenario, it is most likely that the eruption would be near the northern tip of the dyke. This would most likely produce an effusive lava eruption with limited explosive, ash-producing activity.
 
3. An alternate scenario would be the dyke reaching the surface where a significant part, or all, of the fissure is beneath the glacier. This would most likely produce a flood in Jökulsá á Fjöllum and perhaps explosive, ash-producing activity.

With those cauldrons forming fast, the first outcome looks increasingly unlikely. Airline investors beware. 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • UK weather

Trending Articles

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • Keeping up with the cash: SKIMS’ law firm hits record revenue 

  • As it happened: FTSE 100 see-saws after inflation undershoots; Oil at $80 as Trump threatens ‘dropping bombs’ on Iran

More from CityAM

  • Inflation expectations at record high in interest rates signal

    Economics
    Bank of England building on Threadneedle Street, London, showcasing its historic architecture and financial significance
  • Food prices set to soar 50 per cent since cost-of-living crisis began

    Retail
    Basket filled with assorted fresh produce and gourmet foods, emphasizing a diverse selection for healthy living
  • As it happened: Starmer dealt defence blow as investors react

    Markets
    Healey and Starmer engage in discussion at a public event, focusing on key policy issues and future strategies.
  • Mortgage approvals jump to 15-month high despite Iran war chaos

    Property
    Homeowners may be eying fresh mortgage deals after the Bank of England's cut.
  • Is Zack Polanski’s honeymoon over? 

    Politics
    Zack Polanski speaking at a podium during a press conference, wearing a suit, with a cityscape backdrop and attentive audi...
  • Asian stocks reach record highs on tech euphoria and US-Iran peace deal

    Markets
    Abrdn's Asia Dragon has recorded chronic underperformance in recent years.
  • IMF tells Reeves to drop triple lock pension and make ‘fundamental’ tax reform 

    Economics
    Rachel Reeves discussing economic strategies amid forecasts of low growth for the year at a business conference podium.
  • Inflation stays below three per cent despite price warning

    Economics
    The Bank of England is expected to hold interest rates at four per cent due to stubbornly high inflation.

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies