ABSTRACT

Chapter Overview

The purpose of this chapter is not to list operational performance metrics, but to bring together at a macro-level the economic fundamentals discussed in previous chapters. The opening section will discuss operating performance in general; the main body of the chapter will look at relationships between unit revenue (revenue per ASM or RASM), unit cost (cost per ASM or CASM), yield (revenue per RPM), and load factor (traffic as a percentage of output).