Ryanair Holdings PLC is ready for the reimbursement of cost that the passengers have to incurred because of six days close of airlines due to ash clouds but the its fight to review the rules related to payment of compensation is still going on.

Ryanair, Europe's largest low-cost carrier, will only compensate the cost of air tickets and will fight against current European Union rules according to which the airlines must refund the expenses incurred by the passengers due to flight delays in case passengers choose to be re-routed rather than refunding ticket cost.

Ryanair will abide by with the rules of E.U. but will continue to fight against it for its review.

Airlines are forcing national governments and the E.U. to pay the cost for the crises occurred out of extraordinary situation which is totally out of control of airlines.

According to airlines, they are ready to compensate passengers if they are at fault, but the six days closure of airlines due to ash cloud was the decision of national authorities.

It is estimated that airlines around the world have lost nearly $1.7 billion revenue due to cancellation of 100,000 flights.