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Old Mar 7, 2005 | 1:07 pm
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spampurse
 
Join Date: Nov 2004
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Break Even Load Factor

I had not heard this before, but it is great news if it is true.
-spam

From the Knoxville News Sentinel
www.knoxnews.com
Business Briefs from March 4

Independence Air closer to needed passenger count

FLYi Inc. reported an air load factor of 62.9 percent for February on Thursday, the highest for its low-fare carrier Independence Air during the first eight months of operation.

The load factor in January was 42 percent. The load factor represents the number of seats filled on flights. Independence Air Chairman and CEO Kerry Skeen has said the airline needs a load factor in the 70 percent range to break even.

Skeen said February was the first month the airline flew under its restructured schedule. Independence Air offers 41 destinations, including Knoxville.
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