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Industry
Glossary |
Data
Dictionary Services
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Industry
Glossaries:
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Airline |
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| Hush kit | Category |
| | Airline |
| Interlining | Category | | The process of transferring passengers between two carriers flights, typically through a code sharing agreement. See Code sharing | Airline |
| Enplanements | Category | | The total number of passengers boarding aircraft . Includes both originating and connecting passengers. | Airline |
| Revenue Passenger Miles (RPM) | Category | | a measurement representing one passenger transported one mile in revenue service. | Airline |
| Revenue per available seat (RASM) | Category | | A measure of unit operating revenue, reflecting the total passenger revenues received per seat, per mile. It is computed by dividing total revenues by available seat miles. | Airline |
| Available seat miles | Category | | A measure of airline capacity; calculated as aircraft miles flown multiplied by the number of seats available for revenue passenger use. | Airline |
| Cabotage | Category | | The transport of passengers by a foreign carrier for purely domestic flights; illegal in all nations. | Airline |
| Charter | Category | | Nonscheduled service in which all seats are booked by a single entity such as a tour operator | Airline |
| Commercial Air Carrier | Category | | An air carrier that is certificated to carry passengers for a fee. | Airline |
| Commuter Airline | Category | | An airline that operates short haul flights utilizing small capacity aircraft, typically turboprop planes. | Airline |
| Outsourcing | Category | | Contracting certain tasks, such as maintenance, to an outside vendor as a means of reducing operating costs. | Airline |
| Open skies pact | Category | | A bilateral aviation accord between two nations that widens access to markets and provides fare-setting freedom for air carriers. | Airline |
| National Air Carrier | Category | | An air carrier with annual operating revenues between $100 million and 1 billion dollars. | Airline |
| Major Airline | Category | | An air carrier whose annual operating revenues are greater than $1 billion dollars. | Airline |
| Load Factor | Category | | Revenue passenger miles as a percentage of available seat miles in revenue passenger service; measures the proportion of aircraft seating capacity that is actually sold and used. | Airline |
| Hub and Spoke System | Category | | An air carrier route structure providing broad geographic coverage of major sections of the U.S. without providing point-to-point service between every small airport. | Airline |
| Jet | Category | | An engine that creates propulsive thrust by expelling air at a much higher velocity than it has taken it in. | Airline |
| Pitch | Category | | Distance between seats, or leg room | Airline |
| Regional Airline | Category | | An air carrier with annual operating revenues of less than $100 million. | Airline |
| Slot | Category | | A rationed position in an airport's schedule for takeoff or landing. Only a handful of airports--those that are at designed capacity -- use a slot system. | Airline |
| Stage Length | Category | | The distance of a flight in miles. Stage length is frequently shorter than trip length, since two stages may be required to complete a flight. | Airline |
| Computer Reservation System | Category | | A centralized database listing fare and flight data to book a flight. | Airline |
| Supersonic Transport | Category | | A variety of aircraft designed to fly faster than the speed of sound. The Air France and British Airways Concorde are an example. | Airline |
| Breakeven load factor | Category | | The passenger load factor that will result in operating revenues being equal to operating expenses, assuming constant revenue per passenger mile and expenses. | Airline |
| Aircraft Utilization | Category | | Aircraft utilization represents the average number of block hours operated per day per aircraft for the total fleet of aircraft. | Airline |
| Average fare | Category | | Average fare represents the average one-way fare paid per flight segment by a revenue passenger. | Airline |
| Yield per Passenger Mile | Category | | Yield per passenger mile represents the average amount one passenger pays to fly one mile. | Airline |
| Operating revenue per Available Seat Mile | Category | | This represents the operating revenues divided by available seat miles. | Airline |
| Operating expense per available seat mile | Category | | This represents the operating expenses divided by available seat miles. | Airline |
| Oversales | Category | | The practice of booking more passengers than available seats requiring some passengers to be bumped. | Airline |
| Overides | Category | | Bonus commission paid by airlines to travel agents for exceeding sales targets. | Airline |