Considered both lagging and leading indicator

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Reference no: EM132138630

Southwest Airlines is known for high aircraft utilization (an average of 5.7 flights and 8.78 hours of air time per day in 2014) and quick turnaround time between flights. From 2004 to 2015, Southwest's on-time arrival rate averaged 79.8%.

Required

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

Reference no: EM132138630

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