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 ■■■

  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

Revenue Per Available Seat Mile (RASM),

Revenue Per Available Seat Mile (RASM) means,

  • Revenue per available set mile (RASM) is a unit of measurement that is often used to compare the performance of different airlines. This is determined by dividing the operating profit by the available set mileage (ASM). In general, the higher the RASM, the more profitable the airline. Sales are expressed in cents and are not limited to ticket sales, as other performance and profit factors are taken into account.

    • Airlines use RASM per revisit to measure total revenue per float mail per set (empty or LL).
    • Airlines prefer to use RASM as a measure of their financial performance as it includes additional sources of income such as bag fees, booking fees and in-flight meals.
    • Total Set Mail (ASM) turnover is calculated by dividing total operating income by the available set mail.

Literal Meanings of Revenue Per Available Seat Mile (RASM)

Revenue:

Meanings of Revenue:
  1. Revenue, especially if it is organizational and substantial.

Sentences of Revenue
  1. Dealers have lost 10,000 in sales since the project began.

Synonyms of Revenue

rewards, bunce, interest, returns, profit, return, yield, gain, profits

Per:

Meanings of Per:
  1. For each (used with units to express price).

  2. Divided by line

  3. The combination contains the maximum number of elements.

Sentences of Per
  1. charged 2 per square meter.

  2. Send by express

  3. Drill

  4. Peroxide

Available:

Meanings of Available:
  1. Which can be used or made available to anyone.

Sentences of Available
  1. Drinks will be available throughout the afternoon.

Synonyms of Available

unengaged, on the market, unused, up for grabs, yours for the asking, gettable, in stock, get-at-able, on tap, untaken, in season, on sale, procurable

Seat:

Meanings of Seat:
  1. Anything that is made or used for sitting, such as a chair or stool.

  2. One place or another in the elected legislature.

  3. Site or central location.

  4. The part of the machine that carries or guides other parts.

  5. Sit (someone) somewhere.

  6. Put in place.

Sentences of Seat
  1. He lost his seat in the 1997 election.

  2. The House of Parliament was the seat of the Scottish Parliament until the alliance with England.

  3. If the valve seat is damaged, it can be cut with a special tool.

  4. Owen let his guest sit in the windy outdoor room.

  5. The rocks above are in the cracks below.

Synonyms of Seat

tochus, tail, derrière, caboose, deploy, range, tush, arrange, dispose, breech, chair, rusty dusty, install, bazoo, room, ■■■■■, stern, fundament, Sitzfleisch, batty, duff, seating accommodation, nates, bippy, botty, place, heinie

Mile:

Meanings of Mile:
  1. A linear unit of measurement equals 1,760 yards (approximately 1,1609 kilometers).

  2. In large quantities or in large quantities.

Sentences of Mile
  1. A scene that stretches for miles.

  2. The second strip is much better.

Revenue Per Available Seat Mile (RASM),

What Does Revenue Per Available Seat Mile (RASM) Mean?

  • Will Canton specializes in investment and business legislation and regulation. Prior to that, he held senior positions at Investopedia and Kapitall Wire, and earned an MA and PhD in Economics from the New School for Social Research. Doctor of Philosophy of English Literature from NYU.

    • Airlines use per available set mail (RASM) to measure total revenue per float mail (blank or LL).
    • Airlines prefer to use RASM as a standard for assessing their financial performance as it includes additional sources of revenue such as bag fees, booking change fees and in-flight meals.
    • Turnover Per Available Set Mail (ASM) is calculated as the total operating income divided by available set mail.

Literal Meanings of Revenue Per Available Seat Mile (RASM)

Per:

Meanings of Per:
  1. Divide by line

Seat:

Meanings of Seat:
  1. Something used to make or sit, such as a chair or stool.

  2. The part of a machine that carries or guides other parts.

  3. Put (someone) somewhere.

Sentences of Seat
  1. Parliament House is the seat of the Scottish Parliament for the Union with England.

  2. Owen let his guest sit in the airy baroque room.

Synonyms of Seat

settle, ■■■■■■, ■■■■■, array, ■■■■■, nerve centre, buns, ■■■, tuchis, park, prat, BTM, jacksie, plonk, posterior, ■■■■, hindquarters, tushie, put, patootie, centre of operations/activity

Mile:

Meanings of Mile:
  1. A linear unit of measurement equals 1,760 yards (approximately 1,609 kilometers).