: the percentage of available seats paid for and occupied in an aircraft
Example Sentences
Recent Examples on the WebTotal seat capacity on the flights was 108,920, which translates to a load factor of 66 percent. Lori Weisberg, San Diego Union-Tribune, 14 July 2022 The team has calculated that a flotilla of Drift’s yachts sailing from New York to Penzance could achieve a load factor of 72.5 percent. Rachel Cormack, Robb Report, 13 July 2022 The four-engine A380 is only profitable with a high load factor, and only the world’s largest airports have facilities to handle the aircraft. Michael Goldstein, Forbes, 29 June 2022 The company’s total capacity stood just 28% below 2019 levels and the consolidated load factor was 76% in the third quarter. Trefis Team, Forbes, 19 Jan. 2022 Singapore’s government has initiated vaccinated travel corridors with dozens of countries, helping the carrier’s group load factor rise to 46.5% in December from 13.7% the previous year. Harry Suhartono, Bloomberg.com, 12 Feb. 2022 Its most recent monthly report shows a load factor, or capacity measurement, of 58.3% in November, a drop from 67.7% in October, which the company attributed to a new rise in COVID-19 cases in Iceland and European markets. Lorraine Mirabella, baltimoresun.com, 16 Dec. 2021 Per quarterly filings, JetBlue Airways (NASDAQ: JBLU) had guided its Q3 2021 revenues to be 9% lower than observed in Q3 2019 with a significant improvement in load factor. Trefis Team, Forbes, 8 Oct. 2021 In 2020, Southwest Airlines implemented 34% (y-o-y) capacity reduction and achieved a load factor of 52%. Trefis Team, Forbes, 28 May 2021 See More