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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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 The load factor for the company's brands overall, including Royal Caribbean, Celebrity Cruises, and Silversea Cruises, was 108%. —

Nathan Diller, USA TODAY, 4 Oct. 2024 Alaska reported a 6% rise in available seat miles, while the load factor was down 290 bps, and yield remained flat. —

Trefis Team, Forbes, 13 Sep. 2024 See all Example Sentences for load factor