Load Factor

RECENT NEWS
newratings.com  Jul 13  Comment 
WASHINGTON (dpa-AFX) - JetBlue Airways Corp. (JBLU) reported that its traffic for the month of June 2016 increased 11.6 percent from the year-ago period, on a capacity increase of 10.5 percent. Load factor for June 2016 was 86.2 percent, an...
Benzinga  Jul 11  Comment 
Virgin America Inc. (NASDAQ: VA) revealed that it witnessed 1.4 points YOY growth in its load factor in June. As a result, its load factor reached 87 percent in June. According to the company, the number of onboard passengers recorded 17.4 percent...
newratings.com  Jul 6  Comment 
LUTON (dpa-AFX) - easyJet PLC (ESYJY.PK, EZJ.L) reported load factor of 94.1% for June 2016 compared to 92.7%, prior year; an increase of 1.4 percentage points. Passengers, or the number of earned seats flown, were up 5.8% to 6,937,601. For the...
Benzinga  Jun 9  Comment 
Virgin America Inc. (NASDAQ: VA) revealed its preliminary operational results for May 2016. The airline's load factor grew 1.9 points to 86.1 percent in May. According to the company, the number of onboard passengers witnessed 16.8 percent growth...
newratings.com  Jun 6  Comment 
LUTON (dpa-AFX) - Low-cost airline easyJet Plc (ESYJY.PK, EZJ.L) reported Monday that passengers, or the number of earned seats flown, in the month of May increased 5.7 percent to 6.86 million passengers from 6.49 million passengers in the same...
Channel News Asia  May 16  Comment 
The national carrier's operating results show that in total, the airline carried 1.57 million passengers last month, compared to 1.48 million passengers the year before - an increase of 5.8 per cent. 
Reuters  May 9  Comment 
* April rpms 1.74 billion versus 1.43 billion Source text for Eikon: Further company coverage: )
Benzinga  May 9  Comment 
Virgin America Inc. (NASDAQ: VA) revealed that the load factor in April was 84 percent representing a fall of 1.4 points from the previous year month. In April last year, the airliner reported 85.4 percent passenger load factor. However, the...




RELATED WIKI ARTICLES
 

Load factor is a metric used primarily in the transportation industry. A company's load factor is defined as percentage of their available seats that are filled.

Load factor = Revenue Passenger Miles (RPM) / Available Seat Miles (ASM)

Companies can determine a minimum load factor they need to meet in order to break even financially. That is, once a company meets a certain load factor the revenues from doing so will cover the costs of providing their seat capacity. If they are below this break-even load factor the company will be spending more than they are earning and will lose money.

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