Posts

Showing posts from November, 2013

VITAL STATISTICS IN AIRLINE BUSINESS PERFORMANCE FOR QUALITY AND SAFETY MANAGERS

VITAL STATISTICS IN AIRLINE BUSINESS PERFORMANCE FOR QUALITY AND SAFETY MANAGERS. TRAFFIC Available Seat Mile (ASM)/Kilometres (ASK) – Multiply the number of passenger seat available for the flight with the distance.    Revenue Passenger Mile (RPM)/Kilometres (RPK) – Multiply the number of revenue passenger carried for the flight with the distance. Load Factor (LF) – Relationship between ASM/ASK and RPM/RPK realised. The higher the load factor the lower the cost of operating. Passengers Boarded – Actual number of passenger enplaned. Cargo Tonne Miles (CTM)/Kilometres (CTK) – Multiply the number of revenue load carried for the flight with the distance. FINANCIAL Total Operating Revenues – Revenues accrued to the air carrier from operation of air transport services and any services incidental thereto. Total Operating Expenses – Expenses incurred by the air carrier from operation of air transport services and any services incidental thereto Op...