Airline KPI Forecasts

Visible Alpha offers detailed consensus estimates for key performance indicators for airlines companies across all geographies, sourced from the world’s leading equity analysts.

The airlines industry is made up of companies whose primary business activities are focused on air transportation for passengers and cargo and includes major network carriers, regional carriers and low-cost carriers. Below is current consensus forecast data on capacity metrics, such as available seat miles (ASMs); utilization metrics, such as load factor; and other airline KPIs that investors use to look for an investment edge, including revenue passenger miles (RPMs), passenger revenue per mile flown (PRASM), total costs and expenses per ASM (CASM) and fuel expenses. These key airline metrics aid market participants in identifying airline trends and future performance of airline companies, including Southwest Airlines, Air Canada, Air China and more. View all Airline Resources >

Request Demo View All Industries

Interactive Airline KPI Forecasts

Click on any company or data point in the table or line in the graph to highlight a specific company. The selected company, as available, will be highlighted across all tables, graphs and tabs for a quick view of that company’s performance on each metric. Deselect a company by clicking in the white space in any graph. The data may take a few seconds to load.

Request A Demo

Contact Us Today

What are the most important airline KPIs?

Key performance indicators (KPIs) are the most important business metrics for a particular industry and are where investors should look to find an investment edge. When understanding market expectations for airlines, whether at a company or industry level, here are some of the airline KPIs to consider:

Available seat miles (ASM)
Revenue passengers miles (RPM)
Load factor
Total revenue per ASM (RASM)
Passenger revenue per ASM (PRASM)
Total costs and expenses per ASM (CASM)
Total costs and expenses per ASM ex Fuel (CASM Ex Fuel)

What questions do these key airline metrics answer?

Here are some questions you can answer with Visible Alpha’s airline forecast data:

Which airlines fly the most miles?
How are airlines adjusting their capacity over time?
Whose planes are filled with the most passengers?
Which airline is flying the most passenger miles?
Which airlines have the lowest fuel costs based on available seat miles (ASMs)?
Which airline generates the most income?
Which airline operates on the highest margin?
Who can fly the cheapest?

How can this data be used?

By opening up forecast data on key airline KPIs, Visible Alpha is enabling institutional investors, retail investors, business reporters, students and more to quantify and compare market expectations for companies across the airlines industry.

How do I attribute Visible Alpha?

If you would like to use our data in a research report, an article or an academic report, please cite “Visible Alpha consensus” as your source. For more information on our data and how to cite us, please contact [email protected].

Guide to Airline KPIs for Investment Professionals

This guide highlights the key performance indicators for the airline industry and where investors should look to find an investment edge, including:

Airline Industry Business Model & Diagram
Key Airline Metrics PLUS Visible Alpha’s Standardized Industry Metrics
Available Comp Tables
Industry KPI Terms & Definitions

Airline Industry KPI Terms & Definitions

Available Seat Miles (ASMs)
A measure of airline capacity, ASM is calculated by taking the number of seats available and multiplying by the distance flown.

Cost per Available Seat Mile (CASM)
A measure of efficiency, CASM is calculated by taking operating expenses and dividing by ASM.

Revenue per Available Seat Mile (RASM)
Calculated by dividing the airline’s total revenue by its total available seat miles.

Load Factor
A measure of utilization, passenger load factor is the number of Revenue Passenger Miles (RPMs) expressed as a percentage of ASMs (RPMs divided by ASMs).

Airport Charges
Expenses paid by airlines for the use of airport facilities, including aircraft landing, freight and other charges related to the use of airport infrastructure such as runways and terminals.

Passenger Yield
Measure of average fare paid per mile, per passenger, calculated by dividing passenger revenue by revenue passenger miles (RPMs).

Total Revenue per Available Seat Mile (TRASM)
Calculated by dividing total revenue by available seat miles.

Passenger Revenue per Available Seat Mile (PRASM)
PRASM is calculated by dividing passenger revenue by available seat miles. PRASM is also equivalent to the product of load factor and passenger yield.

Revenue Passenger Miles (RPMs)
A measure of volume. RPM is calculated by taking the number of passengers and multiplying by miles of flight.

CASM-Ex Fuel (CASM-Ex)
CASM-Ex Fuel is calculated by taking operating expenses, dividing by ASM and then subtracting the cost of fuel.

EBITDAR
Earnings before interest, taxes, depreciation, amortization, and restructuring or renting costs.

Disclaimer

The information provided by Visible Alpha cited herein provided “as is” and “as available” without warranty of any kind. Use of any Visible Alpha data is at your own risk, and Visible Alpha disclaims any liability for use of the Visible Alpha data. Although the information is obtained or compiled from reliable sources, Visible Alpha neither can nor does guarantee or make any representation or warranty, either express or implied, as to the accuracy, validity, sequence, timeliness, completeness or continued availability of any information or data, including third-party content, made available herein. In no event shall Visible Alpha be liable for any decision made or action or inaction taken in reliance on any information or data, including third-party content. Visible Alpha further explicitly disclaims, to the fullest extent permitted by applicable law, any warranty of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement.

The data provided is for informational purposes only in a read only format, you are expressly prohibited from downloading, scraping or otherwise copying the data.

Request a Demo

Let our expert team show you how our deep consensus data provides a quick understanding of the sell-side view on a company at a level of granularity, timeliness and interactivity that has never before been possible.

Get in Touch

Airline KPI Forecasts

Visible Alpha offers detailed consensus estimates for key performance indicators for airlines companies across all geographies, sourced from the world’s leading equity analysts.

Interactive Airline KPI Forecasts

Request A Demo

What are the most important airline KPIs?

What questions do these key airline metrics answer?

How can this data be used?

How do I attribute Visible Alpha?

Guide to Airline KPIs for Investment Professionals

Airline Industry KPI Terms & Definitions

Disclaimer

Request a Demo

Call Us

Company

Products

Client Access

Airline KPI Forecasts

Visible Alpha offers detailed consensus estimates for key performance indicators for airlines companies across all geographies, sourced from the world’s leading equity analysts.

Interactive Airline KPI Forecasts

Share this data

Request A Demo

What are the most important airline KPIs?

What questions do these key airline metrics answer?

How can this data be used?

How do I attribute Visible Alpha?

Guide to Airline KPIs for Investment Professionals

Airline Industry KPI Terms & Definitions

Disclaimer

Request a Demo

Call Us

Company

Products

Client Access