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Passenger RASM (or PRASM) is passenger (or scheduled ticket) revenue per ASM. Operating RASM or Total RASM is the airline's total operating revenue per ASM. So, for instance, in the second quarter of 2011, Southwest had scheduled revenue of $3.876 bn and total operating revenue of $4.136 bn. [ 3 ] Southwest's system Passenger RASM and Operating ...
In the United States, it is computed per 100 million miles traveled, while internationally it is computed in 100 million or 1 billion kilometers traveled. According to the Minnesota Department of Public Safety, Office of Traffic Safety Volume of traffic, or vehicle miles traveled (VMT), is a predictor of crash incidence.
For example, bulk coal long-distance rates in America are approximately 1 cent/ton-mile. [2] So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000. On the other hand, Intermodal container shipping rates depend heavily on the route taken over the weight of the cargo, just as long as the container weight ...
The farebox recovery ratio is the ratio of fare revenue to total transport expenses for a given system. [1] These two figures can be found in the financial statements of the operators. Oftentimes the operator runs multiple modes of transport (e.g. subway and bus), and there is no data for individual modes (segment analysis).
The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
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. [2] Airlines often calculate a load factor at which the airline will break even; this is called the break-even load ...
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The assumptions of the CVP model yield the following linear equations for total costs and total revenue (sales): Total costs = fixed costs + (unit variable cost × number of units) Total revenue = sales price × number of unit