Question: Utilization rate MBA 13-6 Delta Air Lines (DAL) reported the following data (in millions) for three recent years. Year 3 Year 2 Year 1 Available

Utilization rate MBA 13-6 Delta Air Lines (DAL) reported the following

Utilization rate MBA 13-6 Delta Air Lines (DAL) reported the following data (in millions) for three recent years. Year 3 Year 2 Year 1 Available seat miles 246,764 239,676 232,740 194,974 Passenger miles fl wn 209,625 202,925 Revenue $34,782 $34,954 $32,942 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)

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