A passenger for whose transportation an air carrier receives commercial remuneration is called a revenue passenger. IATA Forecasts 2021 Global Airline Revenue to ... - Business Travel News Revenue passenger miles can be considered the basic amount of "production" that an airline creates. Passenger Load Factor Passeneger load factor is a measure of utilization, passenger load factor is the number of Revenue Passenger Miles (or Kilometers) expressed as a percentage of ASMs (or ASKs). Third quarter 2019 operating revenue per available seat mile (RASM, or unit revenues) was a record 14.32 cents, and increased 4.2 percent, driven largely by a passenger revenue yield increase of 4.1 percent, and offset slightly by a load factor decrease of 0.4 points, all year-over-year. * CASK = Cost per available seat kilometer / unit cost. Describes the utilization level of available . Available Seat Kilometres (ASK) measures an airline's passenger carrying capacity. PDF 4 Turnover up 12.3% to €4.46 bn 1.5% -increase in unit revenue per ... In Q4, cost per available seat kilometer (CASK) increased by 24% y-o-y and 19% sequentially. Airline KPIs: Financial Investment Guide - Visible Alpha Passenger capacity fell 1.7 percent to 2.750 trillion available seat kilometers from 2.798 trillion available seat kilometers a year earlier. During 2018, capacity (available seat kilometers - ASKs) grew at a slower rate than traffic, leading to a rise in the industry-wide passenger load factor (PLF). * RASK = Revenue per available seat kilometer / unit revenue Mar 60% Jan 74% 66% Feb Q1 67% Q3 2021 Q4 2021 Q1 2022 6.7 6.9 6.5 Q1 2021 Q1 2022 35% 67%. Glossary - RASK - Revenue per Available Seat-Kilometer - Mart KPIs like percentage of privileged passengers, net promoter score, on-time performance, and, yes, gate agents per departure suggest the ingredients that lead to performance. The results per available seat-kilometer show that passenger revenue increased 41%, reflecting a strong pricing and demand environment for air travel. It is obtained by multiplying the total number of seats available for scheduled passengers and the total number of kilometers in which those seats were flown. Revenue per available seat kilometer is calculated by dividing the airline's total revenue by its total available seat kilometers.