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4.05

Air transportation industry

TermDefinition
regional carriers airlines that fly scheduled flights from smaller cities into larger cities
supplemental carriers hired by individual or company to fly nonscheduled flights for a specific purpose
airline deregulation act act of 1978
nonstop flight a flight from origin to destination
direct flight from origin to destination with one or more stops: passengers usually don't get off
connecting flight from origin to destination with one or more stops and passengers change plans
yield management course of action an airline takes to meet a break point and earn profit
yield amount of profit per seat per mile on plane
hub airports is in or near major cities that serve as centers of operation for the airline
slots spaces leased at an airport by a carrier so they can conduct business
spokes flights from smaller cities that fly into the hub to help passeionsngers make connect
Created by: Capnashash
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