Passenger load factor
Capacity utilization of public transport / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Load factor (transportation)?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Passenger load factor, or load factor, measures the capacity utilization of public transport services like airlines, passenger railways, and intercity bus services. It is generally used to assess how efficiently a transport provider fills seats and generates fare revenue.
According to the International Air Transport Association, the worldwide load factor for the passenger airline industry during 2015 was 79.7%.[1]