Profit Rate
Profit Rate in aviation refers to the ratio of profit earned by an airline to its total revenue. It is a key performance indicator that measures the financial performance of an airline. The profit rate is calculated by dividing the airline's profit by its total revenue and multiplying the result by 100. A high profit rate indicates that the airline is generating significant profits from its operations, while a low profit rate indicates that the airline is struggling to generate profits. Factors that can affect an airline's profit rate include fuel prices, competition, demand for air travel, and operational efficiency.
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