Stands for “available seat kilometers” and represents aircraft seating capacity multiplied by the number of kilometers the seats are flown.
CASK:
Stands for “cost per available seat kilometer” and represents operating expenses divided by available seat kilometers (ASKs).
CASK ex-fuel:
Represents operating expenses other than fuel divided by available seat kilometers (ASKs).
EBITDAR:
Stands for “Earnings before interest, taxes, depreciation, amortization, and restructuring and rent costs” and it is calculated as revenue minus
expenses, excluding taxes, interests, depreciation, amortization, restructuring and rental costs.
Load factor:
Represents the percentage of aircraft seating capacity that is actually used and is calculated by dividing revenue passenger kilometers (RPKs) by available
seat kilometers (ASKs).
RASK:
Stands for “operating revenue per available seat kilometer” and represents operating revenue divided by available seat kilometers.
RPKs:
Stands for “revenue passenger kilometers” and represents the number of kilometers flown by passengers.
Aircraft utilization:
Represents the average number of block hours operated every day for each aircraft.
