Chihi Airways had the following results for the past three years:

Required
a. Calculate the following for 2009, 2008, and 2007:
1. Operating ratio
2. Long-term debt to operating property
3. Operating revenue to operating property
b. Comment on trends found in the ratios computed in (a).
c. Comment on the passenger loadfactor.

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2009 2008 2007 (In thousands of dollars) Operating expenses Operating revenues Long-term debt Operating property Passenger load factor $1,550,000 1,520,000 S1480,000 1,670400 1,620,700 895,000 985,000 57.8% 1840000 1670400 1620,700 910,000 995,000 66.5% 900,500 990,000 59.0%