PRASM definition
PRASM means passenger revenue per available seat mile and is equal to passenger revenues divided by ASMs. “PSA” means PSA Airlines, Inc.
PRASM means passenger revenue per available seat mile and is equal to passenger revenues divided by ASMs.
PRASM means scheduled service revenue divided by ASMs for scheduled service. “Revenue passenger miles” or “RPMs” means the number of miles flown by passengers. “RLA” means the United States Railway Labor Act.
Examples of PRASM in a sentence
United and Contractor agree to a fuel risk sharing program whereby Contractor’s mark-up is tied to an index consisting of the Oil Price (This is the ****), and the UAX PRASM: **** (This data is available quarterly in United’s Securities and Exchange Commission (SEC) Form 10-Q) as described in Appendix M.