There are three main factors that affect aircraft performance: density altitude, weight, and wind. Density altitude refers to the air density corresponding to a pressure altitude adjusted for non-standard temperature. It is affected by atmospheric pressure, elevation, temperature, and moisture. Higher density altitude means lower air density, reducing an aircraft's performance. Weight also reduces performance, as more power is needed to lift heavier loads. Wind direction impacts takeoffs, landings, and hovering; headwinds are beneficial while tailwinds reduce performance.