Bristow Group (FRA:ERG1) Passenger Load Factor % : 0.00% (As of . 20)

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What is Bristow Group 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 Bristow Group's Passenger Load Factor % or its related term are showing as below:

FRA:ERG1's Passenger Load Factor % is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Passenger Load Factor % only.

Bristow Group Passenger Load Factor % Historical Data

The historical data trend for Bristow Group'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.

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Bristow Group Passenger Load Factor % Chart

Bristow Group (FRA:ERG1) Passenger Load Factor % Calculation

Passenger Load Factor % is calculated as

Passenger Load Factor %

Passenger Miles Travelled

Available Seat Miles

Bristow Group (FRA:ERG1) 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.

Bristow Group Passenger Load Factor % Related Terms

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Bristow Group (FRA:ERG1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bristow Group Inc (FRA:ERG1) » Definitions » Passenger Load Factor %

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Traded in Other Exchanges

VTOL:USA

Address

3151 Briarpark Drive, 7th Floor, Suite 700, Houston, TX, USA, 77042

Website

https://www.bristowgroup.com

Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of major integrated, national and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed wing transportation and other aviation related solutions. Its oil and gas customers charter its helicopters to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K and the United States.

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