Monday, July 2, 2012

Glossary O

  • Occupancy rate – The proportion of reservations expected during any given period.
  • Offline connection – A connection that requires switching to both a new aircraft and carrier.
  • Off-peak – A less expensive time to travel as result of lower consumer volume during these periods.
  • Operator – Any company that provides any transportation service.  Not just limited to flights, it also includes trains, buses, and cruise ships.
  • Overbooking – When a carrier books more reservations than available seats

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