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Airline Planning and Operations
Published in Milica Kalić, Slavica Dožić, Danica Babić, Introduction to the Air Transport System, 2022
Milica Kalić, Slavica Dožić, Danica Babić
Indicators of aircraft utilization (such as passenger load factor, annual flight hours, etc.) show how this resource is used. Passenger load factor can be defined as the ratio of the number of revenue passengers (passengers that paid for air tickets) and the number of available (offered) seats in the aircraft. Greater load factor and greater annual flight hours are closely connected to greater profitability, as well. This means that these indicators have a direct impact on revenues and costs, which further influence the airline’s business performance. Whereas fleet structure, fleet size, and fleet utilization affect the airline’s profitability, it is very important that the fleet to market
Aviation
Published in John G. Wensveen, Air Transportation, 2016
Fleet Capacity. The passenger load factor is used to measure airline capacity utilization. The indicator is expressed as a percentage, relating the number of passengers flown to available seats. When load factors are low, airlines have more excess lift capacity than when load factors are high. High load factors and rising air traffic place airlines under pressure to buy aircraft. If load factors are rising during a business cycle, this also suggests that airline revenues are improving. This is important if airlines are planning to order aircraft because it enhances their ability to purchase or lease planes.
Aviation: An Overview
Published in John G. Wensveen, Air Transportation, 2018
Fleet Capacity. The passenger load factor is used to measure airline capacity utilization. The indicator is expressed as a percentage, relating the number of passengers flown to available seats. When load factors are low, airlines have more excess lift capacity than when load factors are high. High load factors and rising air traffic place airlines under pressure to buy aircraft. If load factors are rising during a business cycle, this also suggests that airline revenues are improving. This is important if airlines are planning to order aircraft because it enhances their ability to purchase or lease planes.
Optimization of train timetables in high-speed railway corridors considering passenger departure time and seat-class preferences
Published in Transportation Letters, 2023
Zhipeng Huang, Yuzhao Zhang, Zhenjiang Zhang, Lixing Yang
, the number of -class seats in Train , must meet the needs of passengers, , which is solved by the lower-level model, . These two parameters are used to calculate the occupying ratio of -class seats in Train between OD pairs, as shown in equation (12), which is one of the important indicators used by the Chinese Railway Passenger Transport Department to evaluate the efficiency of train operations. It is called ‘passenger load factor’ (the occupancy rate of each seat in the whole journey).