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Air China (Air China) 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.

Air China's Passenger Load Factor % for the annual that ended in Dec. 2022 was 62.73% , which is lower than 68.63% for the pervious year ended in Dec. 2021.

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

AIRYY'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.

* Premium members only.

Air China Passenger Load Factor % Chart

Air China Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Passenger Load Factor %
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Average Age of Aircraft in Years
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Competitive Comparison of Air China's Passenger Load Factor %

For the Airlines subindustry, Air China's Passenger Load Factor %, along with its competitors' market caps and Passenger Load Factor % 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.


Air China  (OTCPK:AIRYY) Passenger Load Factor % Calculation

Passenger Load Factor % is calculated as

Passenger Load Factor %=Passenger Miles Travelled / 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.


Air China  (OTCPK:AIRYY) 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 (Air China) Business Description

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