utilization rate

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utilization rate

[‚yüd·əl·ə′zā·shən ‚rāt]
(aerospace engineering)
The amount of flying time produced in a specific period expressed in hours per period per aircraft. Also known as flying hour rate.

utilization rate

i. As it pertains to combat aircraft, it means the average number of sorties, hours flown, or hours to be flown per aircraft per day or month. More commonly, it is the average number of hours per aircraft per month. Also known as a flying hour rate.
ii. The number of hours per day or year a commercial, trainer, or transport aircraft is used.
References in periodicals archive ?
Breaking the capacity utilization rate down by categories: the rate for the manufacture of investment goods fell 1.2 percentage points in February month on month, standing at 70.9; while it dropped 0.3 percentage points for durable consumer goods over the same period.
The table below shows capacity utilization rates on annual basis since 2007.
Capacity utilization rate in July increased by 1.1 pp m/m to 74.7%, which is better than the market consensus for 73.1%.
In this regard, the dynamic equilibrium associated to this economy is characterized, introducing the important concept of aggregate capacity utilization rate. This section concludes with an analysis the implications that different values of this variable have on the magnitude of the short-run response of key macroeconomic variables to a monetary policy shock.
On an industry basis, the capacity utilization rate fell 0.2% from February for oil and coal, but rose almost across the board for other industries, with electric machinery posting a 6.0% increase and automobiles and other transport equipment gaining 3.0%.
These results suggest that current price changes are the best indicators of future price changes, and that the forecasting information contained in the current period's capacity utilization rate is smaller in magnitude than the informational content of past price changes.
Edison executives estimated that robust orders will considerably ramp up the company's capacity utilization rate for the second quarter.
The capacity utilization rate of Japan's 54 commercial-use nuclear reactors sank to a record low of 26.4 percent.
The capacity utilization rate was 72.7 percent in April 2010, and 73.2 percent in March 2011.
According to the paper, the capacity utilization rate of the Australia plant is well blow profitability, producing only 35,000 units annually, although the plant has a capacity of manufacturing about 70,000 units.
The new data show higher current levels for all the major production aggregates and a lower level for "capacity," leaving a big hike in the capacity utilization rate to 79.1% in February from 78.2%.