Meaning of load factor
- the amount or weight of cargo, number of passengers, etc., that an aircraft, vehicle, or vessel can carry.
- the percentage of available seats, space, or maximum carrying weight paid for and used by passengers, shippers, etc.: An airline can't profit on a 40 percent load factor.
- the ratio of the average load over a designated period of time to the peak load occurring in that period.
- load factor (Thesaurus)