Southwest Airlines is known for high aircraft utilization (an average of 5.8 flights and 11 hours of

Question:

Southwest Airlines is known for high aircraft utilization (an average of 5.8 flights and 11 hours of air time per day) and quick turnaround time between flights. From 1998 to 2012, Southwest's on-time arrival rate was greater than 80% in every year but three.

Required
Explain how Southwest's on-time arrival rate could be considered both a lagging and a leading indicator.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting

ISBN: 978-1118338445

2nd edition

Authors: Charles E. Davis, Elizabeth Davis

Question Posted: