Operating Costs of Qatar Airways and Etihad Airways

📄 Words:	202
📝 Subject:	Company Analysis
📑 Pages:	1
✍️ Type:	Essay

According to official reports published on the Internet and related data, the cost per ASK, revenue per RPK, break-even load, and labor productivity on average were calculated, taking into account the number of personnel. The relevant data are entered in the Tables 1 and 2 and the formulas that were used are indicated for accuracy.

Table 1. Raw Data for the Financial Year

	Qatar Airways, 01 Apr 2021 – 31 Mar 2022	Etihad Airways, 01 Jan 2021 – 31 Dec 2021
Available Seat Kilometres (ASK)	159,947,000,000	16,430,000,000
Revenue Passenger Kilometres (RPK)	118,360,780,000	14,129,800,000
Operating Expenses	$ 2,308,390,153	$ 390,000,000
Operating Revenue	$ 8,073,324,067	$ 1,230,000,000
Passengers	18,549,000	98,000,000
Employees	41,026	18,510

Table 2. Comparison of Qatar Airways and Etihad Airways

	Qatar Airways	Etihad Airways
Cost of Available Seat Kilometre (CASK = Operating Expenses / ASK)	$ 0,014	$ 0,023
Revenue per Revenue Passenger Kilometre (RRPK = Passenger Revenue/ RPK)	$ 0,018	$ 0,022
Break Even Load Factor (BELF = CASK / RRPK)	77%	104%
Employee Productivity (exchange rate used is actual on 12.28.2022)	$ 196,785 per employee/year = 163,710 GBP	$ 66,450 per employee/year = 55,282 GBP

Reference List

Etihad Airways soars to record-breaking first half profit as transformation pays off (2022) Etihad.com. Web.

Qatar Airways Group (2021) Qatar Airways Group releases its 2020/21 annual report, Qatar Airways Official Website. Web.

The statistics portal (no date) Statista. Web.

Reference List

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