IATA warned there will be "a major slowdown" in the Japanese air transport market in the near-term that could impact a number of key markets worldwide. "Japan is an important link in global air transport," IATA DG and CEO Giovanni Bisignani said in a statement Friday. "The $62.5 billion Japanese aviation market represents 6.5% of worldwide scheduled traffic and 10% of the industry's revenues." IATA said Japan's domestic airline market, which ...

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