It is the most ambitious, expensive (in cost per mile) urban highway project ever.
Now throw in the other potential benefits like reduced energy costs, time, overall cost per mile savings, etc.
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The result was that the cost per mile for consumers on the ethanol component of their fuel was double or even triple the cost of the gasoline component.
Despite fuel price increases that affect all carriers equally, Southwest still maintains a 35% cost advantage per mile.
Its cost per passenger mile was around one-third less than its rivals.
His penny-pinching ways--yes, gate agents help load bags--have held cost per seat mile to 8.3 cents, versus 10.2 cents for chief regional rival Delta Air Lines.
Operating revenue per available seat mile (RASM) was up 6% to 14.2 cents, while operating cost per available seat mile (CASM) rose 10% to 11.3 cents (largely due to a 20% increase in the effective price of jet fuel).
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But the cost per available seat mile excluding fuel (CASMex) was up just 1%.
Cost per average seat mile (CASM), a key measure of unit costs, rose 10.5% to 12.26 cents.
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According to AAA, 45% of the 56.2 cents per mile cost is due to first-year depreciation.
To bring a little extra joy to every ride, the app uses this information to calculate statistics, such as how much money has been saved on gas, the unbelievably low cost of energy consumed per mile and how much CO2 has been prevented from being released into the atmosphere.
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Passenger yield (Passenger Revenue per Revenue Passenger Mile) for American has decreased slightly in recent years due to competition from low-cost airlines and poor domestic economic conditions.
Domestic Passenger yield (passenger revenue per revenue passenger mile) for UAL has decreased slightly in recent years due to competition from low-cost airlines and poor domestic economic conditions.
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