Okay, let’s pretend you are going on a trip with your family in a very big airplane. The airplane has a lot of seats, enough for all the passengers who will be going on the trip. When the airplane is flying, the airline wants to make sure that as many seats as possible are being used. This is what the passenger load factor means. It tells us how many of the seats in the airplane are being used by passengers.
Think of it like a puzzle with pieces that fit perfectly. The airplane is like a puzzle and the seats are the puzzle pieces. When people buy tickets for the trip, they are like the puzzle pieces being put into place. The more people who buy tickets, the more puzzle pieces will fit into the airplane. The passenger load factor is like the percentage of the puzzle that is complete.
For example, if the airplane has 100 seats and 80 tickets were sold, the passenger load factor is 80%. This means that 80 out of the 100 seats are being used by passengers. The airline is happy when the passenger load factor is high because it means they are making more money. This is because they need to pay for things like fuel and maintenance, so they want to make sure they are filling up as many seats as possible.
So, the next time you are going on a trip with your family, remember to look around and see how many people are on the plane with you. You might just be helping to increase the passenger load factor!