The impact for European airlines and airports owing to the Japanese earthquake, tsunami and crisis at the Fukushima nuclear plant should be limited to global GDP, FX rates, fuel prices and a possible shift of capacity away from Japan, according to a research report by Citi Investment Research & Analysis. Of the covered airlines operating to/from Japan, Finnair, Alitalia and Air France-KLM are the most exposed while IAG (British Airways and Iberia) and SAS the least exposed, it said, ...

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