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Aircrafts owned/leased at end of period
Number of aircrafts owned or on lease arrangements of over one month’s duration at the end of the period.
Ancillary revenue
Includes credit card fees, baggage charges, speedy boarding fees, sporting equipment fees, infant fees, change fees and rescue fees, profit share from in flight sales and commissions earned on products and services sold; less chargebacks.
Available Seat Kilometres (ASK)
Seats flown multiplied by the number of kilometres flown.
Average fare
Passenger and ancillary revenue divided by passengers.
Block hours
Hours of service for aircraft, measured from the time that the aircraft leaves the terminal at the departure airport to the time that it arrives at the terminal at the destination airport.
Cost per ASK (CASK)
Revenue less loss before tax, divided by available seat kilometres.
Cost per seat
Revenue less loss before tax, divided by seats flown.
Cost per seat, excluding fuel
Revenue less loss before tax, plus fuel costs, divided by seats flown.
EBITDAR
Earnings before interest, taxes, depreciation, amortisation, dry lease and long-term wet lease costs, and the share of profit after tax of associates.
Load factor
Number of passengers as a percentage of number of seats flown. The load factor is not weighted for the effect of varying sector lengths.
Loss before tax per seat
Loss before tax divided by seats flown.
Operated aircraft utilisation
Average number of block hours per day per aircraft operated.
Other costs
Administrative and operational costs not reported elsewhere, including some employee costs, compensation paid to passengers, exchange gains and losses and the profit or loss on the disposal of property plant and equipment.
Passengers
Number of earned seats flown. Earned seats comprises seats sold to passengers (including no-shows), seats provided for promotional purposes and seats provided to staff for business travel.
Return on equity
Loss for the period divided by the average of opening and closing shareholders’ funds.
Revenue
The sum of revenue from ticket sales and ancillary revenue.
Revenue Passenger Kilometres (RPK)
Number of passengers multiplied by the number of kilometres those passengers were flown.
Revenue per ASK (RASK)
Revenue divided by available seat kilometres.
Revenue per seat
Revenue divided by seats flown.
Seats flown
Seats available for passengers.
Sector
A one-way revenue flight.
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