Seat cost in the context of "Airline industry"

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⭐ Core Definition: Seat cost

In passenger transportation, available seat miles (ASM) or available seat kilometers (ASK) is a measure of passenger carrying capacity. It is equal to the number of seats available multiplied by the number of miles or kilometers traveled by a vehicle.

In the airline industry an available seat mile is the fundamental unit of production for a passenger-carrying airline. A unit in this case is one seat, available for sale, flown one mile. For example, an aircraft with 300 seats available for sale flying 1,000 statute miles would generate 300,000 ASMs for that particular flight. That the seats are available for sale is critical. An aircraft that had 300 seats but which was limited (for regulatory or technical reasons) to selling only 250 of them on a particular flight of 1,000 miles would generate 250,000 ASMs on that flight, not 300,000. Similarly, if passenger seats on a particular flight are dedicated to crew rest purposes, such seats would not be included in the calculation of ASMs for that flight.

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Seat cost in the context of Boeing 747

The Boeing 747 is a long-range wide-body airliner designed and manufactured by Boeing Commercial Airplanes in the United States between 1968 and 2023.After the introduction of the 707 in October 1958, Pan Am wanted a jet 2+12 times its size, to reduce its seat cost by 30%. In 1965, Joe Sutter left the 737 development program to design the 747. In April 1966, Pan Am ordered 25 Boeing 747-100 aircraft, and in late 1966, Pratt & Whitney agreed to develop the JT9D engine, a high-bypass turbofan. On September 30, 1968, the first 747 was rolled out of the custom-built Everett Plant, the world's largest building by volume. The 747's first flight took place on February 9, 1969, and the 747 was certified in December 1969. It entered service with Pan Am on January 22, 1970. The 747 was the first airplane called a "Jumbo Jet" as the first wide-body airliner.

The 747 is a four-engined jet aircraft, initially powered by Pratt & Whitney JT9D turbofan engines, then General Electric CF6 and Rolls-Royce RB211 engines for the original variants. With a ten-abreast economy seating, it typically accommodates 366 passengers in three travel classes. It has a pronounced 37.5° wing sweep, allowing a Mach 0.85 (490 kn; 900 km/h) cruise speed, and its heavy weight is supported by four main landing gear legs, each with a four-wheel bogie. The partial double-deck aircraft was designed with a raised cockpit so it could be converted to a freighter airplane by installing a front cargo door, as it was initially thought that it would eventually be superseded by supersonic transports.

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