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Terms Beginning with P
       
       
 

Passenger Mile Yield

Transportation Term


Passenger Mile Yield (PMY) is a term used in the transportation industry, specifically in the airline and railway sectors. It is a financial metric that measures the average revenue earned per mile per passenger. This metric is calculated by dividing the total revenue earned from selling tickets by the total number of passenger miles flown.

The PMY metric helps transportation companies understand the effectiveness of their pricing strategies and revenue management techniques. A higher PMY value indicates that the company is generating more revenue per passenger mile, which can be an indication that the company is pricing its tickets effectively and efficiently.

PMY is usually used in combination with other metrics to gain a more comprehensive understanding of transportation company performance trends. For instance, PMY can be analyzed alongside metrics such as yield per load factor, revenue per available seat mile, or cost per available seat mile to assess overall efficiency.

In summary, Passenger Mile Yield is an important metric for transportation companies as it helps them to monitor their revenue growth and pricing strategies. By keeping track of this metric, companies can optimize their pricing strategies, thus increasing their revenue and profitability.




Airline Industry

   
     

Passenger Mile Yield

Transportation Term


Passenger Mile Yield (PMY) is a term used in the transportation industry, specifically in the airline and railway sectors. It is a financial metric that measures the average revenue earned per mile per passenger. This metric is calculated by dividing the total revenue earned from selling tickets by the total number of passenger miles flown.

The PMY metric helps transportation companies understand the effectiveness of their pricing strategies and revenue management techniques. A higher PMY value indicates that the company is generating more revenue per passenger mile, which can be an indication that the company is pricing its tickets effectively and efficiently.

PMY is usually used in combination with other metrics to gain a more comprehensive understanding of transportation company performance trends. For instance, PMY can be analyzed alongside metrics such as yield per load factor, revenue per available seat mile, or cost per available seat mile to assess overall efficiency.

In summary, Passenger Mile Yield is an important metric for transportation companies as it helps them to monitor their revenue growth and pricing strategies. By keeping track of this metric, companies can optimize their pricing strategies, thus increasing their revenue and profitability.




Airline Industry

Related Transportation Terms


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