load factor

noun

Definition of load factor

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

Examples of load factor in a Sentence

Recent Examples on the Web The company’s total capacity stood just 28% below 2019 levels and the consolidated load factor was 76% in the third quarter. Trefis Team, Forbes, 19 Jan. 2022 Singapore’s government has initiated vaccinated travel corridors with dozens of countries, helping the carrier’s group load factor rise to 46.5% in December from 13.7% the previous year. Harry Suhartono, Bloomberg.com, 12 Feb. 2022 Its most recent monthly report shows a load factor, or capacity measurement, of 58.3% in November, a drop from 67.7% in October, which the company attributed to a new rise in COVID-19 cases in Iceland and European markets. Lorraine Mirabella, baltimoresun.com, 16 Dec. 2021 Per quarterly filings, JetBlue Airways (NASDAQ: JBLU) had guided its Q3 2021 revenues to be 9% lower than observed in Q3 2019 with a significant improvement in load factor. Trefis Team, Forbes, 8 Oct. 2021 In 2020, Southwest Airlines implemented 34% (y-o-y) capacity reduction and achieved a load factor of 52%. Trefis Team, Forbes, 28 May 2021 Flights are becoming more full, Sun Country said, with its passenger load factor reaching 77%, the highest since late 2019. Evan Ramstad, Star Tribune, 29 July 2021 In 2020, the company’s revenues fell by 60% (y-o-y) as the capacity (ASMs) dropped by 51% and the passenger load factor plummeted to 55%. Trefis Team, Forbes, 29 June 2021 That's not far from the US domestic load factor of 85% achieved in 2019, which was the busiest US air travel year in history, according to the US Bureau of Transportation Statistics. CNN, 24 June 2021 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'load factor.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of load factor

1943, in the meaning defined above

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Time Traveler for load factor

Time Traveler

The first known use of load factor was in 1943

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Dictionary Entries Near load factor

loaderman

load factor

loading

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Statistics for load factor

Last Updated

8 Apr 2022

Cite this Entry

“Load factor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/load%20factor. Accessed 21 May. 2022.

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