Question: Delta Air Lines (DAL) reported the following data (in millions) for three recent years. Delta refers to its utilization rates as passenger load factor. 1.

Delta Air Lines (DAL) reported the following data (in millions) for three recent years.

Delta refers to its utilization rates as "passenger load factor."
1. Compute the passenger load factor (utilization rate) for each year.
2. Compute the passenger revenue per seat mile flown. Express in cents rounded to one decimal place.
3. Comment on (1) and (2).

Year 3 Year 2 Year 1 Available seat miles 246,764 239,676 232,740 Passenger miles fl wn 209,625 202,925 194,974 Revenue $34,782 $34,954 $32,942

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