Air Canada 2014 Annual Report Download - page 84
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84 2014 Annual Report
Weighted average cost of capital or WACC – Refers
to management’s estimate of its cost of capital, in
which each category of capital is proportionately
weighted.
Yield – Refers to average passenger revenue per
RPM (baggage fee revenues, which are included in
passenger revenues, are removed for the purposes of
calculating yield).