In the vast majority of flying insects, wing movements are generated indirectly via the deformations of the exoskeleton. Indirect measurements of inertial and aerodynamic power requirements suggest that elastic energy exchange in spring-like structures may reduce the high power requirements of flight by recovering energy from one wingstroke to the next. We directly measured deformation mechanics and elastic energy storage in a hawkmoth Manduca sexta thorax by recording the force required to deform the thorax over a frequency range encompassing typical wingbeat frequencies. We found that a structural damping model, not a viscoelastic model, accurately describes the thorax's linear spring-like properties and frequency independent dissipation. The energy recovered from thorax deformations is sufficient to minimize flight power requirements. By removing the passive musculature, we find that the exoskeleton determines thorax mechanics. To assess the factors that determine the exoskeleton's spring-like properties, we isolated functional thorax regions, disrupted strain in an otherwise intact thorax, and compared results to a homogeneous hemisphere. We found that mechanical coupling between spatially separated thorax regions improves energy exchange performance. Furthermore, local mechanical properties depend on global strain patterns. Finally, the addition of scutum deformations via indirect actuation provides additional energy recovery without added dissipation.