Air China (LSE:AIRC) Passenger Load Factor % : 0.00% (As of . 20)

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What is Air China 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 Air China's Passenger Load Factor % or its related term are showing as below:

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

Air China Passenger Load Factor % Historical Data

The historical data trend for Air China'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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Air China Passenger Load Factor % Chart

Air China (LSE:AIRC) Passenger Load Factor % Calculation

Passenger Load Factor % is calculated as

Passenger Load Factor %

Passenger Miles Travelled

Available Seat Miles

Air China (LSE:AIRC) 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.

Air China Passenger Load Factor % Related Terms

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Air China (LSE:AIRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air China Ltd (LSE:AIRC) » Definitions » Passenger Load Factor %

Comparable Companies

Traded in Other Exchanges

AIRYY:USA AICAF:USA 00753:Hong Kong AD2:Germany AD2:Germany 601111:China AD2:Austria

Address

30 Tianzhu Road, Airport Industrial Zone, Blue Sky Mansion, Shunyi District, Beijing, CHN, 101312

Website

http://www.airchina.com.cn

Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 762 aircraft as of 2022 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai. The group's route network extends to over 187 destinations and 43 countries and regions.