A hold is built around a fix
The reference point can be a radio beacon or GPS waypoint. Aircraft cross that fix repeatedly while flying outbound and inbound legs in a racetrack pattern.
Entry procedures organize how aircraft join the pattern
Depending on the direction of arrival, pilots use standard entry techniques to merge safely without excessive maneuvering. Modern flight-management systems can calculate and fly much of the geometry.
ATC separates different aircraft by altitude and timing
Several flights can hold over the same fix at different levels. Controllers then release them in sequence as arrival capacity becomes available.
Fuel determines how long the wait can continue
Crews continually compare remaining fuel with the amount required to divert to an alternate plus required reserves. A hold is never open-ended.
Weather is a common reason but not the only one
Runway closures, congestion, emergencies and flow-control restrictions can all create holding. Some delays are managed on the ground specifically to avoid wasting fuel in airborne holds.
Passengers may not feel a perfect circle
Wind distorts the aircraft’s path over the ground, and the pattern itself is usually elongated rather than circular. What looks like looping on a map is a carefully managed delay procedure.
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