Why do airlines collect statistics?

Report of “Why do airlines collect statistics? Definition and illustration of how to use five different statistics to compare airlines.?

Twinsen, KC Wong
Student number: 3057075
(A) Why do airlines collect statistics? Define and show how to use five different statistics to compare airlines using some real examples.

This report will illustrate the reasons of airlines collection of statistics, definition of statistics, and comparison of airlines.
Statistics in aviation are significant for the aviation industry. Statistics in aviation are widely studied and applied by organizations, companies and other individuals; for example, aircraft manufactures, airlines, aviation organizations, governments and students. Using statistics can increase productivity, profitability, efficiency of marketing, revenue and other financial benefits. Many organizations and companies offer aviation statistics. There are the organizations, which provide statistics in aviation:
?ICAO
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