Ryanair 2011 Annual Report Download - page 192

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190
APPENDIX A
GLOSSARY
Certain of the terms included in the section on Selected Operating and Other Data and elsewhere in this
annual report on Form 20-F have the meanings indicated below and refer only to Ryanair’s scheduled passenger
service.
Available Seat Miles (“ASMs”) .................... Represents the number of seats available for passengers multiplied
by the number of miles those seats were flown.
Average Booked Passenger Fare ................... Represents the average fare paid by a fare-paying passenger who
has booked a ticket.
Average Daily Flight Hour Utilization .......... Represents the average number of flight hours flown in service per
day per aircraft for the total fleet of operated aircraft.
Average Fuel Cost Per U.S. Gallon ............... Represents the average cost per U.S. gallon of jet fuel for the fleet
(including fueling charges) after giving effect to fuel hedging
arrangements.
Average Length of Passenger Haul ............... Represents the average number of miles traveled by a fare-paying
passenger.
Ancillary Revenue per Booked Passenger .... Represents the average revenue earned per booked passenger flown
from ancillary services.
Average Yield per ASM ................................ Represents the average flown passenger fare revenue for each
available seat mile (ASM).
Average Yield per RPM ................................ Represents the average passenger fare revenue for each revenue
passenger mile (RPM), or each mile a revenue passenger is flown.
Baggage Commissions .................................. Represents the commissions payable to airports on the revenue
collected at the airports for excess baggage and airport baggage
fees.
Booked Passenger Load Factor ..................... Represents the total number of seats sold as a percentage of total
seat capacity on all sectors flown.
Break-even Load Factor ................................ Represents the number of RPMs at which passenger revenues
would have been equal to operating expenses divided by ASMs
(based on Average Yield per RPM). For the purposes of this
calculation, the number of RPMs at which passenger revenues
would have been equal to operating expenses is calculated by
dividing operating expenses by Average Revenue per RPM.
Cost Per ASM (“CASM”) ............................. Represents operating expenses (excluding ancillary costs) divided
by ASMs.
Net Margin
................................
....................
Represents profit after taxation as a percentage of total revenues.
Number of Airports Served ........................... Represents the number of airports to/from which the carrier offered
scheduled service at the end of the period.
Number of Owned Aircraft Operated ............ Represents the number of aircraft owned and operated at the end of
the period.
Operating Margin .......................................... Represents operating profit as a percentage of total revenues.
Part 145
................................
.........................
The
European regulatory standard for aircraft maintenance
established by the European Aviation Safety Agency.
Revenue Passenger Miles (“RPMs”) ............. Represents the number of miles flown by booked fare-paying
passengers.
Revenue Passengers Booked ......................... Represents the number of fare-paying passengers booked.
Sectors Flown
................................
................
Represents the number of passenger flight sectors flown.