Passenger Revenue

Passenger revenue refers to the income generated by airlines from the transportation of passengers. This includes revenue from ticket sales, fees for additional services such as baggage and seat selection, and any other charges related to the transportation of passengers. Passenger revenue is a key metric for airlines as it directly impacts their profitability. Factors that can affect passenger revenue include changes in demand for air travel, competition from other airlines, and fluctuations in fuel prices. Airlines may also use various pricing strategies to maximize passenger revenue, such as dynamic pricing based on demand and seasonality.
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