Sun Country Airlines Holdings (FRA:6X2) Passenger Load Factor % : 0.00% (As of . 20)

View and export this data going back to 2022. Start your Free Trial

What is Sun Country Airlines Holdings Passenger Load Factor %?

Passenger Load Factor % is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue.

The historical rank and industry rank for Sun Country Airlines Holdings's Passenger Load Factor % or its related term are showing as below:

FRA:6X2's Passenger Load Factor % is not ranked ^*
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Passenger Load Factor % only.

Sun Country Airlines Holdings Passenger Load Factor % Historical Data

The historical data trend for Sun Country Airlines Holdings's Passenger Load Factor % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sun Country Airlines Holdings Passenger Load Factor % Chart

Sun Country Airlines Holdings (FRA:6X2) Passenger Load Factor % Calculation

Passenger Load Factor % is calculated as

Passenger Load Factor %

Passenger Miles Travelled

Available Seat Miles

Sun Country Airlines Holdings (FRA:6X2) Passenger Load Factor % Explanation

Passenger Load Factor % measures the percentage of available seating capacity that has been filled by passengers. A high load factor indicates that the airline has sold most available seats and is preferred over a low load factor.

The load factor helps investors and management determine how well an airline generates sales, covers expenses, and remains profitable. Since airlines have thin profit margins and high costs, a high load factor is essential to an airline’s success.

Another measurement of load factor is Breakeven Load Factor %, which is often used in strategic planning for airlines. An airline wishing to attract low-budget customers with cheap tickets will likely need a higher load factor to stay profitable and thus, may need aircraft designed to carry more passengers. The airline could also pursue high-quality service and customer experiences by charging more per ticket and offering fewer seats.

Sun Country Airlines Holdings Passenger Load Factor % Related Terms

Thank you for viewing the detailed overview of Sun Country Airlines Holdings's Passenger Load Factor % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sun Country Airlines Holdings (FRA:6X2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sun Country Airlines Holdings Inc (FRA:6X2) » Definitions » Passenger Load Factor %

Comparable Companies

Traded in Other Exchanges

SNCY:USA

Address

2005 Cargo Road, Minneapolis, MN, USA, 55450

Website

https://www.suncountry.com

Sun Country Airlines Holdings Inc operates low-cost air carriers. The business has two operating segments: Passenger and Cargo. The passenger segment has two internal passenger groups Scheduled service and Charter. The Cargo segment provides air cargo services. The majority of the revenue is from the passenger segment.

Sun Country Airlines Holdings (FRA:6X2) Headlines

No Headlines