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Industry Glossary
Data Dictionary Services
Industry Glossaries:
 
Airline
                 
 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.

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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.

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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.

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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.

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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