SkyWest (FRA:SY2) Passenger Load Factor % : 0.00% (As of . 20)

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What is SkyWest Passenger Load Factor %?

Passenger Load Factor % is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue.

The historical rank and industry rank for SkyWest's Passenger Load Factor % or its related term are showing as below:

FRA:SY2's Passenger Load Factor % is not ranked ^*
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Passenger Load Factor % only.

SkyWest Passenger Load Factor % Historical Data

The historical data trend for SkyWest's Passenger Load Factor % 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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SkyWest Passenger Load Factor % Chart

SkyWest (FRA:SY2) Passenger Load Factor % Calculation

Passenger Load Factor % is calculated as

Passenger Load Factor %

Passenger Miles Travelled

Available Seat Miles

SkyWest (FRA:SY2) Passenger Load Factor % Explanation

Passenger Load Factor % measures the percentage of available seating capacity that has been filled by passengers. A high load factor indicates that the airline has sold most available seats and is preferred over a low load factor.

The load factor helps investors and management determine how well an airline generates sales, covers expenses, and remains profitable. Since airlines have thin profit margins and high costs, a high load factor is essential to an airline’s success.

Another measurement of load factor is Breakeven Load Factor %, which is often used in strategic planning for airlines. An airline wishing to attract low-budget customers with cheap tickets will likely need a higher load factor to stay profitable and thus, may need aircraft designed to carry more passengers. The airline could also pursue high-quality service and customer experiences by charging more per ticket and offering fewer seats.

SkyWest Passenger Load Factor % Related Terms

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SkyWest (FRA:SY2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SkyWest Inc (FRA:SY2) » Definitions » Passenger Load Factor %

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Traded in Other Exchanges

SKYW:USA

Address

444 South River Road, St. George, UT, USA, 84790

Website

https://www.skywest.com

SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through major airlines. It partners with major global carriers to fly and operate aircraft for a fee. SkyWest may use the major carriers' brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines and SkyWest Leasing.

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