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What are KPIs for the airline industry?

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What are KPIs for the airline industry?

Airline Industry KPI Terms & Definitions

  • Available Seat Miles (ASMs)
  • Available Seat Kilometers (ASKs)
  • Cost per Available Seat Mile (CASM)
  • Cost per Available Seat Kilometer (CASK)
  • Revenue per Available Seat Mile (RASM)
  • Revenue per Available Seat Kilometer (RASK)
  • Load Factor.
  • Load Factor.

Which indicator is a measure of airline passenger carrying capacity?

load factor
The load factor is a metric used in the airline industry that measures the percentage of available seating capacity that has been filled with passengers.

What is a good current ratio for an airline?

The current ratio equal to one is considered the least benchmark as it helps to ensure sufficient cash is available to meet liabilities that fall due. Recent figures of the airline industry suggest that the average current ratio is 0.848, which seems due to the airline industry’s business model.

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How many KPIs a dashboard should include and why?

In short, the optimal number of KPIs in an executive dashboard should be between three and ten. It’s not the place for irrelevant KPIs to the managers like bounce rate or average time spent.

How many airline operations KPIs should you have in your product?

To give you an example: When we set up our KPI product at an airline, we usually have a set of +50 operations KPIs to launch an initial discussion. On top of that, our product catalog contains even more than 100 airline operations KPIs. Indeed, not all of them have the same priority, and many KPIs address specific business models or sub-processes.

Which KPI is related to profitability performance?

Contrary to all other key performance indicators of this list, the seat load factor is the only KPI related to profitability performance. All other KPIs of this list focuses on customer satisfaction. Certainly, delay reasons are somehow related to punctuality KPIs. Nevertheless, the KPI provides a more specific analysis of operational issues.

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What is the misconnex quota KPI?

Let’s give you a quick definition first: Misconnex Quota calculates the percentage of connecting passengers who miss their onward flight related to the complete number of connecting passengers. Surprisingly, 45\% of all airlines analyzed use this KPI. For us, it was quite surprising to see this KPI among the most important airline operation KPIs.