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Glossary
1678 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 4 terms

Load factor

Fundamental analysis
Also called: Passenger load factor

The share of an airline’s seats that were sold: RPK divided by ASK.

In plain terms

How full the planes were. It only tells you about profit when compared with the breakeven load factor.

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Breakeven load factor

Fundamental analysis

The share of seats an airline must sell to cover its costs at current fares.

In plain terms

The number to compare with the actual load factor; the closer the two, the thinner the airline’s cushion.

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Plant load factor

Fundamental analysis
Also called: PLF

Electricity actually generated as a share of what the plant could produce running flat out.

In plain terms

For regulated plants, availability matters more for profit; PLF matters most for merchant sales and fuel efficiency.

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RASK

Fundamental analysis
Also called: Revenue per available seat-kilometre

Revenue per available seat-kilometre: total revenue divided by ASK.

In plain terms

Load factor, fares and extras rolled into one number, to be set against the cost per seat-kilometre.

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Indian stock market glossary · Market Vidyalaya