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LATAM Airlines Group (LATAM Airlines Group) Passenger Revenue per Available Seat Mile (Cents) : 0.00 (As of Mar. 2024)


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What is LATAM Airlines Group Passenger Revenue per Available Seat Mile (Cents)?

Passenger Revenue per Available Seat Mile (Cents) is a unit of measurement commonly used to compare the efficiency of various airlines. It is obtained by dividing passenger revenue by available seat miles (ASM). Generally, the higher the value, the more profitable the airline.

The historical rank and industry rank for LATAM Airlines Group's Passenger Revenue per Available Seat Mile (Cents) or its related term are showing as below:

LTMAY's Passenger Revenue per Available Seat Mile (Cents) is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Passenger Revenue per Available Seat Mile (Cents) only.

LATAM Airlines Group Passenger Revenue per Available Seat Mile (Cents) Historical Data

The historical data trend for LATAM Airlines Group's Passenger Revenue per Available Seat Mile (Cents) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LATAM Airlines Group Passenger Revenue per Available Seat Mile (Cents) Chart

LATAM Airlines Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Passenger Revenue per Available Seat Mile (Cents)
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Average Fuel Price per Gallon
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LATAM Airlines GroupQuarterly Data
Trend Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Passenger Revenue per Available Seat Mile (Cents)
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Average Fuel Price per Gallon
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Competitive Comparison of LATAM Airlines Group's Passenger Revenue per Available Seat Mile (Cents)

For the Airlines subindustry, LATAM Airlines Group's Passenger Revenue per Available Seat Mile (Cents), along with its competitors' market caps and Passenger Revenue per Available Seat Mile (Cents) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LATAM Airlines Group  (OTCPK:LTMAY) Passenger Revenue per Available Seat Mile (Cents) Calculation

Passenger Revenue per Available Seat Mile (Cents) is calculated as

Passenger Revenue per Available Seat Mile (Cents)=Passenger Revenue / Available Seat Miles

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LATAM Airlines Group  (OTCPK:LTMAY) Passenger Revenue per Available Seat Mile (Cents) Explanation

Passenger Revenue per Available Seat Mile (Cents) is a term that airlines use to describe and evaluate their financial performance. Generally, the higher the value, the more profitable the airline.

A more widely used measurement is Total Revenue per Available Seat Mile (Cents), which is more encompassing because it factors in all operating revenue, in terms of capacity, rather than just passenger revenue. Revenue per available seat mile (RASM) includes a myriad of revenue sources including fees or charges for baggage, seat selection, food and drink, and Wi-Fi, which make it a favorite standard unit of measurement by most airlines and investment analysts.


LATAM Airlines Group Passenger Revenue per Available Seat Mile (Cents) Related Terms

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LATAM Airlines Group (LATAM Airlines Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LATAM Airlines Group SA (OTCPK:LTMAY) » Definitions » Passenger Revenue per Available Seat Mile (Cents)
Traded in Other Exchanges
Address
Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL
LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.

LATAM Airlines Group (LATAM Airlines Group) Headlines

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