tictack67
That is only partly true. Typically, the LCC model relies on a high load factor and load factor is a key indicator that is analysed by investors and analysts alike.
Your argument is more akin to a legacy carrier where, for example a route is premium heavy and so excess capacity down the back isn’t such an issue. They also carry cargo which provides an additional revenue stream which LCC’s don’t typically exploit. What LCC’s do exploit are anciliary revenue streams and they very much rely up on volume…… high load factors support that.
Either way, a load factor such as that stated by the poster is pretty good considering it’s only been on sale a short time……. decent yield or not.