load factor

noun

: the percentage of available seats paid for and occupied in an aircraft

Examples of load factor in a Sentence

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This decrease in cost ratio is due to improved pricing and load factor in the Passenger segment. —

Quartz Bot, Quartz, 12 Nov. 2024 The load factor—the percentage of available seats an airline sells on its flights—hit a record high of 86.2 percent in August. —

Thomas G. Moukawsher, Newsweek, 6 Nov. 2024 The line's president and CEO, Michael Bayley, said during a second-quarter earnings call in July that the ship was sailing at around 132% load factor (denoting the number of full cabins). —

Nathan Diller, USA TODAY, 4 Oct. 2024 The most efficient vehicles in U.S. transit are vanpools, because van-sized vehicles offer the right compromise between the efficiencies of sharing and the downsides of sharing which hurt load factor and kill efficiency. —

Brad Templeton, Forbes, 11 Oct. 2024 See all Example Sentences for load factor