It is called "cost efficiency" to the way in which a company, through specific commercial organization actions, manages to reduce the costs necessary to obtain a certain profit.
Thus, they seek to minimize the costs and operational losses of the company, with the aim of maximizing profits.
In this way, 3 ways in which an airline could increase its cost efficiency are:
- fly to places with high demand, reducing presence in not so popular destinations.
- reduce the time on the ground for each plane, so that it generates money almost constantly.
- perform optimal maintenance on each plane, to avoid breakages.
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