For the United States, Japan is the fourth largest market in bilateral passenger air services. More than ten million people fly between these two countries every year.

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Unfortunately, while other Asian markets, such as U.S.-China, have rapidly developed, the U.S.-Japan market experienced a downward trend during the last decade. This may reflect the difference in economic and social circumstances among the U.S.-Japan and other bilateral markets. Some might argue that the U.S.-Japan market has and will continue to exhibit relatively softer demand than in the past.

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However, conditions in the U.S.-Japan market are changing. The Open Skies agreement, airport expansion in Tokyo, and recovery from the recent economic downturn in both countries and the Great East Japan Earthquake could factor in the revitalization of the market.

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In this seminar, JITI’s distinguished speakers reviewed the current dynamics of the U.S.-Japan aviation market and discuss whether it can be reinvigorated, including what the key to an eventual resurgence might be.