Load Factor is a key airline business measure that shows how full their planes are. It's calculated as the percentage of seats filled with paying passengers. For example, if a plane has 100 seats and 75 passengers, the load factor is 75%. Airlines use this number to see how efficiently they're using their planes and to make decisions about scheduling flights, pricing tickets, and planning routes. It's similar to how hotels track their occupancy rates. When you see this term in resumes, it usually means the person has experience in airline planning, revenue management, or route analysis.
Improved Load Factor from 72% to 85% through strategic route planning
Analyzed Load Factor trends to optimize flight schedules
Led revenue management team in achieving record Load Factor rates
Monitored Passenger Load Factor metrics to guide pricing decisions
Typical job title: "Airline Revenue Managers"
Also try searching for:
Q: How would you develop a strategy to improve load factors on underperforming routes?
Expected Answer: Should discuss analyzing competition, pricing strategies, schedule adjustments, marketing initiatives, and considering seasonal factors. They should mention coordination between revenue management, marketing, and network planning teams.
Q: How do load factors impact overall airline profitability?
Expected Answer: Should explain the relationship between load factors and revenue, discuss break-even load factors, and demonstrate understanding of balancing high load factors with maintaining profitable ticket prices.
Q: What factors do you consider when analyzing load factor trends?
Expected Answer: Should mention seasonality, competition, economic conditions, historical data, and market demand. Should understand how these factors influence passenger booking patterns.
Q: How do you use load factor data to make pricing decisions?
Expected Answer: Should explain how load factors influence ticket pricing, demonstrate understanding of demand forecasting, and discuss balancing capacity with pricing strategies.
Q: What is load factor and how is it calculated?
Expected Answer: Should be able to explain that load factor is the percentage of occupied seats versus total available seats, and demonstrate basic calculation knowledge.
Q: Why is load factor important for airlines?
Expected Answer: Should explain that it measures how efficiently an airline fills its seats and its impact on revenue and profitability.