The impact on the travel industry – and therefore travel retail – from Japan’s earthquake and tsunami and nuclear crisis continues to worsen.

International Air Transport Association (IATA), Director General and CEO Giovanni Bisignani commented: “Japan is an important link in global air transport. The US$62.5 billion Japanese aviation market represents 6.5% of worldwide scheduled traffic and 10% of the industry’s revenues

Read the full article from the Moodie Report

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