Air Canada 2011 Annual Report Download - page 74

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2011 Air Canada Annual Report
74
21. GLOSSARY
Atlantic passenger and cargo revenues — Refers to revenues from flights that cross the Atlantic Ocean with origins and
destinations principally in Europe.
Available Seat Miles or ASMs — A measure of passenger capacity calculated by multiplying the total number of seats
available for passengers by the miles flown.
CASM — Operating expense per ASM.
EBITDAR — EBITDAR is earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent and is a
non-GAAP financial measure commonly used in the airline industry to view operating results before depreciation,
amortization and impairment, and aircraft rent as these costs can vary significantly among airlines due to differences in the
way airlines finance their aircraft and other assets. Refer to section 20 of this MD&A for additional information.
Effective Ton Miles or ETMs — Refers to the mathematical product of tonnage capacity times distance hauled.
Other passenger and cargo revenues — Refers to revenues from flights with origins and destinations principally in Central
and South America, Australia, the Caribbean and Mexico.
Pacific passenger and cargo revenues — Refers to revenues from flights that cross the Pacific Ocean with origins and
destinations principally in Asia.
Passenger Load Factor — A measure of passenger capacity utilization derived by expressing Revenue Passenger Miles as a
percentage of Available Seat Miles.
Passenger Revenue per Available Seat Mile or RASM — Average passenger revenue per ASM.
Percentage point (pp) — A measure for the arithmetic difference of two percentages.
Revenue Passenger Miles or RPMs — A measure of passenger traffic calculated by multiplying the total number of revenue
passengers carried by the miles they are carried.
Revenue Ton Miles or RTMs — Refers to the mathematical product of weight in tons of a shipment being transported by the
number of miles that it is transported.
Yield — Average passenger revenue per RPM.