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Load Factor (transportation)
Passenger load factor, or load factor, measures the capacity utilization of public transport services like airlines, passenger railways, and intercity bus services. It is generally used to assess how efficiently a transport provider fills seats and generates fare revenue. According to the International Air Transport Association, the worldwide load factor for the passenger airline industry during 2015 was 79.7%. Overview Passenger load factor is an important parameter for the assessment of the performance of any transport system. Almost all transport systems have high fixed costs, and these costs can only be recovered through selling tickets. Airlines often calculate a load factor at which the airline will break even; this is called the break-even load factor. At a load factor lower than the break even level, the airline will lose money, and above will record a profit. The environmental performance of any transport mode improves as the load factor increases. The weight of passeng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Passenger Capacity Of Different Transport Modes
A passenger (also abbreviated as pax) is a person who travels in a vehicle, but does not bear any responsibility for the tasks required for that vehicle to arrive at its destination or otherwise operate the vehicle, and is not a steward. The vehicles may be bicycles, buses, passenger trains, airliners, ships, ferryboats, and other methods of transportation. Crew members (if any), as well as the driver or pilot of the vehicle, are usually not considered to be passengers. For example, a flight attendant on an airline would not be considered a passenger while on duty and the same with those working in the kitchen or restaurant on board a ship as well as cleaning staff, but an employee riding in a company car being driven by another person would be considered a passenger, even if the car was being driven on company business. Railways In railway parlance, passenger, as well as being the end user of a service, is also a categorisation of the type of rolling stock used.Simmons, J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crush Load
Crush may refer to: Film * ''Crush'' (1972 film), a Hong Kong film * ''Crush'' (1992 film), a New Zealand film by Alison Maclean * ''The Crush'' (1993 film), a film by Alan Shapiro, starring Cary Elwes and Alicia Silverstone * ''Crush'' (2001 film), a film John McKay, starring Andie MacDowell * ''Crush'' (2009 film), a film by John V. Soto, starring Christopher Egan * ''Crush'' (2009 Russian film), a Russian film * ''The Crush'' (2010 film), a short film by Michael Creagh * ''Crush'' (2013 film), an American film by Malik Bader, starring Crystal Reed * ''Crush'' (2014 film), an Indonesian film * ''Crush'' (2022 film), an American film by Sammi Cohen, starring Rowan Blanchard * Crush, a green sea turtle character in the ''Finding Nemo'' franchise Food and drugs * Crush (soft drink), a soft drink brand * Camel Crush, a brand of cigarettes * Crush or crushing, the initial step of winemaking Music Artists * Crush (rock band), a 1990–1993 American/English alternative rock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Civil Aviation
Civil aviation is one of two major categories of flying, representing all non-military and non-state aviation, both private and commercial. Most of the countries in the world are members of the International Civil Aviation Organization and work together to establish common Standards and Recommended Practices for civil aviation through that agency. Civil aviation includes three major categories: * Commercial air transport, including scheduled and non-scheduled passenger and cargo flights * Aerial work, in which an aircraft is used for specialized services such as agriculture, photography, surveying, search and rescue, etc. * General aviation (GA), including all other civil flights, private or commercial Although scheduled air transport is the larger operation in terms of passenger numbers, GA is larger in the number of flights (and flight hours, in the U.S.) In the U.S., GA carries 166 million passengers each year, more than any individual airline, though less than all the airl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transport Economics
Transport economics is a branch of economics founded in 1959 by American economist John R. Meyer that deals with the allocation of resources within the transport sector. It has strong links to civil engineering. Transport economics differs from some other branches of economics in that the assumption of a spaceless, instantaneous economy does not hold. People and goods flow over networks at certain speeds. Demands peak. Advance ticket purchase is often induced by lower fares. The networks themselves may or may not be competitive. A single trip (the final good, in the consumer's eyes) may require the bundling of services provided by several firms, agencies and modes. Although transport systems follow the same supply and demand theory as other industries, the complications of network effects and choices between dissimilar goods (e.g. car and bus travel) make estimating the demand for transportation facilities difficult. The development of models to estimate the likely choices bet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crush Load
Crush may refer to: Film * ''Crush'' (1972 film), a Hong Kong film * ''Crush'' (1992 film), a New Zealand film by Alison Maclean * ''The Crush'' (1993 film), a film by Alan Shapiro, starring Cary Elwes and Alicia Silverstone * ''Crush'' (2001 film), a film John McKay, starring Andie MacDowell * ''Crush'' (2009 film), a film by John V. Soto, starring Christopher Egan * ''Crush'' (2009 Russian film), a Russian film * ''The Crush'' (2010 film), a short film by Michael Creagh * ''Crush'' (2013 film), an American film by Malik Bader, starring Crystal Reed * ''Crush'' (2014 film), an Indonesian film * ''Crush'' (2022 film), an American film by Sammi Cohen, starring Rowan Blanchard * Crush, a green sea turtle character in the ''Finding Nemo'' franchise Food and drugs * Crush (soft drink), a soft drink brand * Camel Crush, a brand of cigarettes * Crush or crushing, the initial step of winemaking Music Artists * Crush (rock band), a 1990–1993 American/English alternative rock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Passenger-kilometre
The units of measurement in transportation describes the unit of measurement used to express various transportation quantities, as used in statistics, planning, and their related applications. Transportation quantity The currently popular units are: Length of journey * kilometre (km) or kilometer is a metric unit used, outside the US, to measure the length of a journey; * the international statute mile (mi) is used in the US; 1 mi = 1.609344 km * nautical mile is rarely used to derive units of transportation quantity. Traffic flow * vehicle-kilometre (vkm) as a measure of traffic flow, determined by multiplying the number of vehicles on a given road or traffic network by the average length of their trips measured in kilometres. * vehicle-mile (, or VMT) same as before but measures the trip expressed in miles. Passenger Payload quantity * Passenger; Person (often abbreviated as either "pax" or "p.") Passenger-distance Passenger-distance is the distance (km or m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dimensionless Quantity
A dimensionless quantity (also known as a bare quantity, pure quantity, or scalar quantity as well as quantity of dimension one) is a quantity to which no physical dimension is assigned, with a corresponding SI unit of measurement of one (or 1), ISBN 978-92-822-2272-0. which is not explicitly shown. Dimensionless quantities are widely used in many fields, such as mathematics, physics, chemistry, engineering, and economics. Dimensionless quantities are distinct from quantities that have associated dimensions, such as time (measured in seconds). Dimensionless units are dimensionless values that serve as units of measurement for expressing other quantities, such as radians (rad) or steradians (sr) for plane angles and solid angles, respectively. For example, optical extent is defined as having units of metres multiplied by steradians. History Quantities having dimension one, ''dimensionless quantities'', regularly occur in sciences, and are formally treated within the field of d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $100 billion as of November 2022, making him the world's sixth-wealthiest person. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually acqui ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Express Flight 3411 Incident
The 2017 removal of passengers from United Express Flight 3411 occurred at Chicago O'Hare International Airport on April 9 of that year. Widely characterized by government officials and United Airlines itself as an example of mishandled customer service, the incident arose when four paying customers were selected to be involuntarily deplaned to make room for four deadheading employees. According to United spokesman Jonathan Guerin, the flight was not overbooked. United decided to remove four passengers in order to reposition a crew to cover a flight in Louisville the next day. Included among the deplaned passengers was Dr. David Dao Duy Anh, a Vietnamese-American who was injured by law enforcement personnel when he was physically dragged from the Louisville International Airport-bound flight. Dao, a pulmonologist and folk musician, refused to surrender his seat when requested because he needed to see patients the following day. Chicago Department of Aviation Security officers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Air Transport Association
The International Air Transport Association (IATA ) is a trade association of the world's airlines founded in 1945. IATA has been described as a cartel since, in addition to setting technical standards for airlines, IATA also organized tariff conferences that served as a forum for price fixing. Consisting in 2016 of 290 airlines, primarily major carriers, representing 117 countries, the IATA's member airlines account for carrying approximately 82% of total available seat miles air traffic. IATA supports airline activity and helps formulate industry policy and standards. It is headquartered in Canada in the city of Montréal, with executive offices in Geneva, Switzerland. History IATA was formed in April 1945 in Havana, Cuba. It is the successor to the International Air Traffic Association, which was formed in 1919 at The Hague, Netherlands. At its founding, IATA consisted of 57 airlines from 31 countries. Much of IATA's early work was technical and IATA provided input to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Road Space Requirements
A road is a linear way for the conveyance of traffic that mostly has an improved surface for use by vehicles (motorized and non-motorized) and pedestrians. Unlike streets, the main function of roads is transportation. There are many types of roads, including parkways, avenues, controlled-access highways (freeways, motorways, and expressways), tollways, interstates, highways, thoroughfares, and local roads. The primary features of roads include lanes, sidewalks (pavement), roadways (carriageways), medians, shoulders, verges, bike paths (cycle paths), and shared-use paths. Definitions Historically many roads were simply recognizable routes without any formal construction or some maintenance. The Organization for Economic Co-operation and Development (OECD) defines a road as "a line of communication (travelled way) using a stabilized base other than rails or air strips open to public traffic, primarily for the use of road motor vehicles running on their own wheels", which i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead (business), overhead, wages, costs, and Profit (accounting), markup. Traditionally, professionals in the United Kingdom (and previously the Repu .... This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, in the balance statement, revenue is a subsection of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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