Load factor con
Ryanair has just updated the stockmarket claiming a 90% load factor. This is overstated as the count every seat booked flown or not. The percentage of people who fly when they have only paid £10 for a seat booked x months ahead must be well below 100%. The other trick is that only count seats that are avalable to book in load factor. Where they are limiited to say 140 pax on a 186 pax plane they use the 140 pax. They could cheat by making more seats unbookable on very early or late flights. Does anyone know how many sectors were flown by RYA in August? Then we can work out the availabe seats for sale compared to real seat on planes.