Passenger Yield

Passenger revenue divided by revenue passenger miles (the miles flown by paying passengers), in cents -- roughly the average fare collected for each mile of travel sold. Rising yield means passengers are paying more per mile. Yield runs higher on short routes and lower on long-haul ones, because the fixed costs of a trip are spread over fewer miles, so compare yields between similar route networks. Read it with load factor for the full revenue picture: passenger revenue per seat mile (PRASM) equals yield times load factor. Check what revenue a carrier counts -- some low-fare airlines compute yield from the base fare only, leaving out bag and seat fees they book separately.

Related terms

Accounts Payable · Adjusted EBITDA · Adjusted EBITDA Ex-SBC · Administered-Only Members · ADR · ARPU

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