Revenue per available seat mile (RASM)

Revenue per available seat mile (RASM),

Definition of Revenue per available seat mile (RASM):

  1. A measure of an airlines profitability based on its earnings per seat when considering all revenue sources. A higher RASM is an indication that an airline is able operate its fleet more profitably when compared to other airlines.

  2. Revenue per available seat mile (RASM) is a term airlines use to describe and evaluate their financial performance. Revenue per available seat mile (RASM) is more encompassing than total revenue because it factors in all operating revenue, in terms of capacity, rather than just passenger revenue.

  3. Revenue per available seat mile (RASM) is a unit of measurement commonly used to compare the efficiency of various airlines. It is obtained by dividing operating income by available seat miles (ASM). Generally, the higher the RASM, the more profitable the airline under question. Revenue is represented in cents and is not solely limited to ticket sales, as other factors of efficiency and profitability are taken into account.

How to use Revenue per available seat mile (RASM) in a sentence?

  1. Airlines use revenue per available seat mile (RASM) to measure the total operating revenue they generate per seat (empty or full) per mile flown.
  2. Airlines favor using RASM as a metric to show their financial performance because it includes additional sources of revenue, such as baggage fees, reservation change fees, and inflight meals.
  3. The calculation for revenue per available seat mile (RASM) is total operating revenues divided by the available seat miles.

Meaning of Revenue per available seat mile (RASM) & Revenue per available seat mile (RASM) Definition

Revenue Per Available Seat Mile (RASM),

How Do You Define Revenue Per Available Seat Mile (RASM)?

You can define Revenue Per Available Seat Mile (RASM) as, Revenue per available set mile (ASM) is a unit of measurement commonly used to compare the performance of different airlines. You earn by dividing your operating profit by the number of miles available per set (ASM). In general, the higher the RASM, the greater the benefit to the airline. Revenue is reported in the Senate and is not limited to ticket sales as performance and other profit factors are also taken into account.

  • Airlines use per available set kilometer (RASM) revenue to measure total operating revenue generated per mail set (empty or full).
  • Airlines prefer RASM as a measure of their financial performance as it includes additional sources of revenue, such as baggage fees, booking fees and on-board meals.
  • Total operating profit of sales divided by available set miles (ASM) divided by available set miles.

Literal Meanings of Revenue Per Available Seat Mile (RASM)

Revenue:

Meanings of Revenue:
  1. Income, especially if it is a business or organization and important.

Sentences of Revenue
  1. The trader has lost 10,000 in revenue since the transportation plan was implemented.

Synonyms of Revenue

income, receipts, earnings, proceeds, takings

Per:

Meanings of Per:
  1. For each (used with units to display rates)

  2. Divided by title line.

Sentences of Per
  1. A gas station that costs 29 1.29 a gallon

  2. With software

  3. Do as instructed

Synonyms of Per

per, as specified by, honouring, every, true to, in compliance with, heeding, in keeping with, commensurate with, in conformity with, in fulfilment of, following, observing, in agreement with, in line with, each, as per, in harmony with, in obedience to, in accordance with, to

Available:

Meanings of Available:
  1. It can be used or provided to anyone.

Sentences of Available
  1. Drinks are available in the afternoon

Synonyms of Available

handy, at one's fingertips, convenient, to hand, ready for use, at hand, accessible, at one's disposal, obtainable, to be had, within easy reach

Seat:

Meanings of Seat:
  1. Something to sit on or sit on, such as a chair or toilet.

  2. Someone's ass

  3. Place in the legislature or other elected body.

  4. An important place or location.

  5. The part of the machine that helps or directs other parts.

  6. Ask (someone) to sit somewhere.

Sentences of Seat
  1. I sat in the white chair while Dr. Clark sat on the bench to my left.

  2. He lost his seat in the 1998 election

  3. Washington, DC

  4. Keep it with your husband

Synonyms of Seat

focal point, base, behind, abode, residence, rear end, cheeks, mansion, centre of activity, site, nucleus, stately home, hub, bottom, location, position, headquarters, space, backside, stand, focus, ancestral home, buttocks, rump, haunches, station

Mile:

Meanings of Mile:
  1. The linear units measure 1,760 meters (approximately 1,609 kilometers). One mile race. Romano measures 1000 steps (approximately 1,620 meters).

  2. Too long or too many.

  3. Far or far away

Synonyms of Mile

inattentive, absent, a deal, plenty, diverted, masses, distant, a great deal, absorbed, quantities, preoccupied, absent-minded, a wealth, vague, faraway, engrossed, distrait, abstracted, a fair amount, a great quantity, a good deal, an abundance, a large amount, a profusion