21-Mar-2011 2:39 PM
Japan crisis: US, China and South Korea most exposed to downturn in traffic
Analysis
The crises hitting Japan is having a significant influence well beyond its borders. The country's USD62.5 billion aviation market accounts for some 6.5% of worldwide scheduled traffic and 10% of the industry's revenues, according to IATA. It is an important component of the global premium air traveller market and big generator of outbound tourists for the worldwide tourism industry.
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