I'm trying to understand the concept of cost per ASM. Could someone explain what it means and how it's typically used in business or financial analysis?
5 answers
CosmicWave
Tue Oct 29 2024
Available seat miles (ASM) is a crucial component of this measurement. It encapsulates the total number of seats available for sale on a specific route operated by an airline.
EthereumLegend
Tue Oct 29 2024
ASM takes into account both the number of seats on the aircraft and the distance flown, offering a detailed view of potential revenue opportunities.
amelia_harrison_architect
Tue Oct 29 2024
By dividing the total operating costs by the ASM, airlines can derive the CASM, which indicates the cost associated with each seat flown one mile.
Dario
Tue Oct 29 2024
Cost per available seat mile, or CASM, stands as a prevalent metric in assessing the efficiency of numerous airlines.
Chiara
Tue Oct 29 2024
It provides a comprehensive understanding of how well an airline utilizes its resources, specifically in terms of seating capacity.