Glossary

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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