Professional Documents
Culture Documents
Annex 2
Glossary of terms
and acronyms
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Annex 2_Glossary
Annex II Glossary
A_ API: refers to `Application Programming Interface’. the Spanish stock markets and the activities of all the
A4A: refers to ‘Airlines For America’. It is a language that enables communication between participants in those markets.
AACO: refers to ‘Arab Air Carrier Organisation’. computer programs. Code-sharing: it is an aviation business arrangement
ACO: refers to ‘Amadeus Commercial Organisation’. ASTA: refers to ‘American Society of Travel Agents’. where two or more airlines share the same flight,
ACH: refers to ‘Airlines Clearing House’. ATOC: refers to ‘Association of Train Operating improving airlines’ network capacity and efficiency.
Adjusted EPS: EPS corresponding to the adjusted Companies’. Covenant: based on the definition included in our
profit for the year attributable to the parent company. Senior Credit Agreement.
Calculated based on weighted average outstanding Covenant EBITDA: EBITDA based on the covenants
shares less weighted average treasury shares of the B_ definition included in our Senior Credit Agreement.
year. BI: refers to ‘Business Intelligence’. Covenant Net debt: net debt based on the covenants
Adjusted Profit: refers to the profit for the year BSP: refers to ‘Bank Settlement Plan’. It is an electronic definition included in our Senior Credit Agreement.
adjusted to exclude after-tax impact of: billing system designed to facilitate the flow of data and CRM: refers to ‘Customer Relationship Management’.
1. amortisation of PPA and impairment losses, funds between travel agencies and airlines, centralizing CRS: refers to ‘Central Reservation System’. It is a
2. c hanges in fair value of derivative instruments and the information, as opposed to establishing multiple computer network containing travel related information
non-operating exchange gains (losses), and relationships between travel agencies and airlines. such as schedules, availability, fares and related services,
3. e xtraordinary items, related to the sale of assets which also enables automated travel related transactions
and equity investments, the debt refinancing and the between travel providers and travel agents.
United Airlines IT contract resolution. C_ Crypto-currency: it is a medium of exchange using
Air Travel Agency bookings: air bookings processed CDP: refers to ‘Carbon Disclosure Project’. It is an cryptography to secure the transactions and to control the
by travel agencies using our distribution platform. international, not-for-profit organisation providing creation of new units. Crypto-currencies are a subset of
Amadeus Excellence Awards: is a corporate event to the only global system for companies and cities to alternative currencies, or specifically of digital currencies.
recognize extraordinary achievements and behaviors in measure, disclose, manage and share environmental CSL: refers to ‘Customer Loyalty Strategy’.
Amadeus, as well as enabling best practice sharing and information. CSS: refers to ‘Customer Satisfaction Strategy process’.
valuable networking building. Open to all permanent CESE: refers to ‘Central, Eastern and Southern Europe’.
staff and ACOs who are at least 75% owned, the CISO: refers to ‘Chief Information and Security Office’.
Awards have four categories linked to the strategic CMMI: refers to ‘Capability Maturity Model D_
pillars of Amadeus and one of the core enablers for Integration’. It is a process improvement training DCS: refers to ‘Departure Control Systems’.
success which is collaboration. and appraisal programme used to guide process Distribution industry: includes the total volume of
Ancillary services: can be defined as additional improvement across a project, division or an entire air bookings processed by GDSs, excluding:
services provided to customers beyond the ticket. organisation. 1. air bookings processed by the single country
Typical examples for airline ancillary services include CNMV: refers to ‘Comisión Nacional del Mercado de operators (primarily in China, Japan and Russia), and
baggage fees, priority seating, catering on board, etc. Valores’, the Spanish Securities Market Regulator. It 2. bookings of other types of travel products, such as
APAC: refers to ‘Asia-Pacific’. is the agency in charge of supervising and inspecting hotel rooms, car rentals and train tickets.
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Amadeus Global Report 2014
DJSI: refers to ‘Dow Jones Sustainability Index’. Launched of the employees and 90% of total consumption. headcount converted to a full-time basis, e.g. an employee
in 1999, DJSI are a family of indices evaluating the EPS: refers to ‘Earnings Per Share’. working part-time covering 80% of a full-time schedule is
sustainability performance of the largest 2,500 companies ERA: refers to ‘European Rail Agency’. considered 0.8 of a FTE.
listed on the Dow Jones Global Total Stock Market Index. ETTSA: refers to the ‘European Technology and Travel FX: refers to ‘Foreign Exchange’.
DMO: refers to ‘Destination Management Organisation’. Services Association’.
D&A: refers to ‘Depreciation and Amortisation’. ETC: refers to ‘European Travel Commission’. It is a
non-profit organisation whose main objectives are the G_
promotion of Europe as an attractive tourist destination, GDS: refers to ‘Global Distribution System’. It is a
E_ to assist members of the National Tourist Offices (NTOs), computer network containing travel related information
EBITDA: refers to ‘Earnings before Interest, Taxes, to exchange knowledge and work collaboratively, as such as schedules, availability, fares and related
Depreciation and Amortisation’. well as to provide industry partners and other interested services, which also enables automated travel related
EC: refers to ‘European Commission’. parties with easy access to material and statistics transactions between travel providers and travel
ECAC: refers to ‘European Civil Aviation Conference’. regarding inbound tourism to Europe. agents both online and offline. In addition to providing a
It is an intergovernmental organisation which EU: refers to ‘European Union’. Computer Reservation System (CRS), GDSs offer travel
was established by the International Civil Aviation EU Industrial R&D Investment Scoreboard: it is a related content to a broad range of agents worldwide,
Organization (ICAO) and the Council of Europe. ECAC scoreboard published by the European Commission which making global reach an important element of their value
counts today 44 country members. ECAC major contains economic and financial data for the world’s proposition.
airports include airports with more than 50,000 aircraft top 2500 companies ranked by their investments in GHG Protocol: refers to The ‘Greenhouse Gas Protocol’. It
movements per year. Research and Development (R&D). The sample contains is the most widely used international accounting tool for
ECB: refers to ‘European Central Bank’. 633 companies based in the EU and 1867 companies government and business leaders to understand, quantify,
ECTAA: refers to the ‘European Travel Agencies’ and based elsewhere. The Scoreboard data are drawn from and manage greenhouse gas emissions.
Tour Operators’ Association’. the latest available companies’ accounts, i.e. usually the GRI: refers to ‘Global Reporting Initiative’. It is a non-profit
EIB: refers to ‘European Investment Bank’. fiscal year 2013/14. organisation that promotes economic, environmental
EMD: refers to ‘Electronic Miscellaneous Document’. Exabyte: one exabyte is equal to 1018 bytes of digital and social sustainability. GRI provides all companies
EMDS: refers to ‘Electronic Miscellaneous Document server’. information. This is equivalent to approximately 21 and organisations with a comprehensive sustainability
EMS: refers to ‘Environmental Management System’. million tablets with a capacity of 128 gigabytes each. reporting framework that is widely used around the world.
It is the tool we use in Amadeus to measure our EVP: refers to ‘Executive Vice President’.
resource consumption, identify areas for improvement,
implement specific actions, and review results achieved. H_
The items included are energy consumption (mainly F_ HTML: refers to ‘HyperText Markup Language’.
electricity), CO2 emissions, paper consumption, water FSC: refers to ‘Full Service Carrier’ (also known as HX Segment: refers to segments that have been
used, and waste produced. The scope is the top 11 Network carriers). cancelled by the passenger directly with the airline or by a
Amadeus sites worldwide, covering approximately 80% FTE: refers to ‘Full-Time Equivalent’ employee. It is the travel agency.
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