Chihi Airways had the following results for the past three years: 2009 2008 2007 (In thousands of dollars) Operating expenses $1,550,000 $1,520,000 $1,480,000 Operating revenues 1,840,000 1,670,400 1,620,700 Long-term debt 910,000 900,500 895,000 Operating property 995,000 990,000 985,000 Passenger load factor 66.5% 59.0% 57.8% Requireda. Calculate the following for 2009, 2008, and 2007:1. Operating ratio2. Long-term debt to operating property3. Operating revenue to operating propertyb. Comment on trends found in the ratios computed in (a).c. Comment on the passenger load factor.

Chihi Airways had the following results for the past three years: 2009 2008 2007 (In thousands of dollars) Operating expenses $1,550,000 $1,520,000 $1,480,000 Operating revenues 1,840,000 1,670,400...

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 load factor.

May 24, 2022