airberlin glossary

ASK	Available seat kilometres; number of seats available for sale, per flight segment, multiplied by the number of kilometres flown on a flight; often a measure of an airline's performance capacity.
block hours	The time during which an aircraft is in revenue service. Calculated from gate departure (push-back) before take-off to standstill at the gate following landing.
Dry Lease	Leasing of an aircraft without personnel.
Flag-Carrier	National airline, either currently or in the past government owned or under government control. The term "legacy carrier" is also used.
Frills	Frills are free and / or additional services provided in connection with the flight.
IATA	International Air Transport Association
Low-Cost-Carrier	Also referred to as Low-Fare-Carrier, which is based on reducing all kind of complexity costs to offer tickets for a much lower price.
Passenger load factor	Percentage value to indicate the utilisation of an aircraft or an entire fleet within a certain time period, either on a route or within a route network. Represents the ratio of the revenue passenger kilometres (RPK) to the available seat kilometres (ASK).
Pax	Passenger
RPK	Revenue passenger kilometres. Number of passengers multiplied by the number of kilometres they cover in flight.
Slot	Time frame within which an airline can use an airport for take-off or landing.
Wet Lease	Leasing an aircraft including personnel.
Yield	Average revenues. Average turnover per selected output unit. The unit could be a single passenger, a single kilometre flown, or the passenger kilometres.
Yield-Management	Price management system to increase average earnings.

Financial glossary