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What break-even number of regular-priced seats per flight

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Reference no: EM132949824

Problem - Lofty Airlines has a flight for which the regular ticket price is $200 and the variable costs per passenger are $50. Fixed costs assigned to each flight are $12,000. Each flight has a capacity of 125 seats, with an average of 95 seats sold at the regular price. To attract customers to the last 30 unsold seats, Lofty discounts the tickets by 50% for standby passengers. What the break-even number of regular-priced seats per flight?

Reference no: EM132949824

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