Glossary Filter by Letter
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- Low-Cost Carrier (LCC)
- Routes
- Code Sharing
- Network Carrier
- Maintenance, Repair, and Overhaul (MRO)
- TCH
- Hub
- BSP/ARC (Billing and Settlement Plan / Airline Reporting Corporation)
- IATA (International Air Transportation Association)
- ICAO (International Civil Aviation Organization)
- IOSA (International Operational Safety Audit)
- ISO
- Passenger traffic (PAX)
- Direct PAX
- Transit PAX
- Passenger-Kilometres/Tonne-Kilometres
- Available Seat-Kilometres (ASK)
- Revenue Passenger-Kilometres (RPK)
- Available Tonne-Kilometres (ATK)
- Revenue Tonne-Kilometres (TKМ)
- Passenger Load Factor (PLF)
- Revenue Load Factor
- Origin and Departure points (O&D)
- Unit revenue and cost
- Yield
- Revenue per Available Seat-Kilometre (RASK)
- Cost per Available Seat-Kilometre (CASK)
- Total Shareholder Return (TSR)
- EBITDA
- EBITDAR
Selected Glossary Item
BSP/ARC (Billing and Settlement Plan / Airline Reporting Corporation)
settlement systems between agents and airlines, organised by IATA, that facilitate and simplify air transportation sales on neutral forms (not owned by any airline) thereby offering airlines the opportunity to expand their market presence, minimise financial risks and reduce expenses incurred through the maintenance of sales systems. ARC is an analogous system operated in the United States.