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Non-revenue track. Non-revenue track (or trackage ), or a non-revenue route, is a section of track or transport route that is not used to carry revenue-earning freight or goods nor for scheduled passenger services. [1] The term is used to refer mainly to sections of track or routes in public transport systems, such as rapid transit and tramway ...
Economy class – $16 (approx) First class – $27 (approx) Privileged Reduced travel tax. Economy class – $6 (approx) First class – $8 (approx) To be paid in cash (peso or dollars) before departure. Travel tax can be paid through partner airlines, travel tax centers at airports, travel tax offices and satellite offices.
In the airline industry, ancillary revenue is revenue from non-ticket sources, such as baggage fees and on-board food and services. Airline ancillary revenue was estimated to be $92.9 billion worldwide in 2018. In the first half of 2018, ancillary revenue at Ryanair rose 28%. United Airlines is the leader in dollar volume of ancillary revenue.
501 (c) organization. A 501 (c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501 (c)) and is one of over 29 types of nonprofit organizations exempt from some federal income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions.
arccorp.com. The Airlines Reporting Corporation (ARC) is a company that provides ticket transaction settlement services between airlines and travel agencies (both traditional and online) and the travel management companies that sell their products in the United States. ARC, which is owned by nine major airlines, also offers its transactional ...
Farebox recovery ratio. The farebox recovery ratio (also called fare recovery ratio, fare recovery rate or other terms) of a passenger transportation system is the fraction of operating expenses which are met by the fares paid by passengers. It is computed by dividing the system's total fare revenue by its total operating expenses.
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