Breakeven load factor
Fundamental analysisThe share of seats an airline must sell to cover its costs at current fares.
In plain terms
The number to compare with the actual load factor; the closer the two, the thinner the airline’s cushion.
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Load factor
Fundamental analysisAlso called: Passenger load factor
The share of an airline’s seats that were sold: RPK divided by ASK.
In plain terms
How full the planes were. It only tells you about profit when compared with the breakeven load factor.