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

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

Year 3 Year 2 Year 1 Available seat miles 254,325 251,867 246,764 Passenger miles flown 217,712 213,098 209,625 Revenue $34,819 $33,777 $34,782

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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Survey Of Accounting

ISBN: 9780357132593

9th Edition

Authors: Carl S. Warren, Amanda Farmer

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Question Posted: Sep 25, 2020 07:32 AM

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

Question:

Year 3 Year 2 Year 1 Available seat miles 254,325 251,867 246,764 Passenger miles flown 217,712 213,098 209,625 Revenue $34,819 $33,777 $34,782

Step by Step Answer:

1 Year 3 856 217712 miles flown 254325 available seat miles Y...View the full answer

Survey Of Accounting

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