Cost per available seat kilometer
The aviation sector, after years of underperformance, has been bullish of late as evidenced by the turnaround of Spicejet’s fortunes and a strong response for the Indigo IPO. This turnaround has led to a lot more interest in the aviation sector in recent times. In this article, let us understand how operational factors affect the bottom-line of an airline and the use of open datasets to estimate these factors. An airline’s operational factors can help us understand which airline uses its fleet efficiently, which airline has an optimal route network or which airline’s fleet is optimized for fuel efficiency.