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The eruption of Grimsvoetn has raised concerns over a repeat of last year's travel chaos sparked by the eruption of another Icelandic volcano -- Eyjafjallajokull -- which led to the biggest shutdown of European airspace since World War II.
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Flights in Scotland have already been cancelled as the volcanic ash cloud from Iceland heads towards the United Kingdom.
Scotland's Loganair announced that all flights will be cancelled on Tuesday due to forecasts that indicate "a high density of ash will be present in large parts of Scottish airspace."
Andrew Haines, chief executive of the Civil Aviation Authority, said he hoped to avoid a repeat of last year's travel chaos, but he admitted it was still unclear how badly flights would be affected.
He said, "We know so much more about the volcanoes. We have an improved model. We have better measuring equipment and we have better relationships with airlines so it should be much better but we're still at the hands of both the weather and the volcano; those are the two uncertainties."
Reports of cancellations at airports in Britain are also coming in. The first flight cancellations have hit English airports. Dutch airline KLM and British carrier Eastern Airways announced that scheduled flights from Newcastle and Durham Tees Valley airports would remain grounded on Tuesday morning after the eruption of the Gr msv tn volcano in Iceland, reports the Telegraph, UK.
According to the BBC, British Airways, Aer Lingus and Easyjet are among other the airlines that chose to suspend services in and out of Scotland on Tuesday.
Around 400 passengers were stranded at Edinburgh airport on Monday night due to disruptions in flight schedules. But Ryanair has objected to an order from Irish officials to ground its morning flights to and from Edinburgh, Glasgow and Aberdeen on safety grounds.
Ryanair said it would be complaining about the "unnecessary cancellations".
According to Britain's metrological department, the cloud will have swept south, covering most of England and Wales with low concentrations of ash by Tuesday. Medium concentrations of ash -- the level where aircraft need permission to fly from CAA -- may affect Newcastle airport.
Pilots unions, however, expressed concerns that the ash could still be dangerous. "Due to predictions on the movement of the volcanic ash, we are anticipating the cancellation of Flights and disruption to many more services," a spokesperson for Edinburgh Airport said.
The whole of Scotland was forecast to be covered by a 'high concentration' of ash by Tuesday morning. Airports in Newcastle, Glasgow and Belfast could all be hit, the Daily Mail reported.
Iceland's main airport, Keflavik, and domestic airport Reykjavik both reopened Monday after being closed for almost 36 hours.
People living next to the glacier where the Grimsvotn volcano burst into life on Saturday were most affected, with ash shutting out the daylight and smothering buildings and vehicles.
International air carriers were also carefully monitoring the situation. In Asia, Air China said it had suspended flights to Stockholm but that all other European routes were operating normally.
Other Asia-Pacific airlines such as Cathay Pacific, Qantas and Singapore Airlines reported no disruption so far.
In fact, it is the most powerful eruption in more than a century from the volcano -- located at the heart of the country's biggest glacier, Vatnajoekull in southeastern Iceland -- with its plume initially reaching a height of 20 kilometres.
On Monday, the plume stood at around 10 kilometres, slightly above the peak of last year's eruption ash column from Eyjafjallajokull.
The outburst is the volcano's most powerful since 1873 and stronger than the Eyjafjallajokull volcano which caused trouble last year, but scientists say the type of ash being spat out is less easily dispersed and winds have so far been more favourable.