alleryStart learning →An airline has operating costs of $6 billion and 50 billion ASMs. What is its CASM?
A12 cents
B8.3 cents
C0.12 cents
D120 cents
Answer & Solution
Correct answer: A. 12 cents
Cost divided by ASMs is 6 / 50 = $0.12, which is 12 cents per available seat mile.
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