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Etihad Airways had the following results for the last two years: (In thousands of dollars) Item Operating expenses 2020 4,550,000 2019 4,805,000 Operating revenues
Etihad Airways had the following results for the last two years: (In thousands of dollars) Item Operating expenses 2020 4,550,000 2019 4,805,000 Operating revenues 5,024,170 5,888,000 Long-term debt 2,685,000 2,912,000 2,900,000 3,084,500 62.90% 71.50% Required a. Calculate the following for 2020 and 2019: [6 marks] 1. Operating ratio 2. Long-term debt to operating property. 3. Operating revenue to operating property. Operating property Passenger load factor b. Comment on trends found in the ratios computed in (a). [3 marks] c. Comment on the passenger load factor. [1 mark] For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). No. 2020 2019 1. 2. 3.
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