Profile
The TSE Air Transportation Sector Index is one of the 33 sector indices in the Tokyo Stock Exchange's traditional industry classification system. This index represents companies in the air transportation industry listed on the Tokyo Stock Exchange. The sector is characterized by companies that cater to both domestic and international markets. This dual nature reflects the industry's role in serving both internal Japanese travel needs and international routes. Companies in this sector often benefit from two key economic factors: A stronger yen, which can reduce costs for international operations and fuel purchases. Lower oil prices, which decrease fuel costs, a significant expense in air transportation. This sector primarily includes airlines and related air transportation services. The performance of companies in this sector can be influenced by various factors such as tourism trends, business travel demand, global economic conditions, and fuel prices. The air transportation industry plays a crucial role in connecting Japan to the global economy and supporting domestic mobility.