Glossary



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  • Adjusted Debt


    Balance Sheet Debt plus the amount of "capitalised" operating lease obligations added in accordance with the User Settings


  • Adjusted Debt / EBITDAR


    A measure of Leverage that calculates how many years’ EBITDAR would be required to pay off all Debt and Operating Leases


  • Adjusted Net Debt


    Balance Sheet Debt plus the amount of "capitalised" operating lease obligations added in accordance with the User Settings less any amount of Unrestricted Cash deducted in accordance with the User Settings


  • Adjusted Net Debt / EBITDAR


    A measure of Leverage that calculates how many years’ EBITDAR would be required to pay off all Net Debt and Operating Leases


  • Advance Revenue


    Revenue received by the airline in advance of the carriage of the passenger. Carried as a liability on the balance sheet until the passenger uses the ticket