16-Sep-2011 11:06 AM

Japan's share in aviation field declining: MLIT

Japan's MLIT stated Japan's international competitiveness in the field of transportation has declined according to a report in the Nikan Koku. The MLIT added that while Japan is declining, the air transport industries of South Korea and China are expanding. MLIT stated in 2010, Japan's share of the international aviation market stood at more than 5%, declining to 2.5% in 2010. In 2010, Singapore had a 3.1% share of the international air transport market, with Korea (3.1%) and China (2.6%) also having a larger share than Japan.