(acronym) .  '''Cost per Available Seat Mile''': a method of calculating operating costs in the travel industry. It is derived by dividing total operating expenses by total ASMs.

This is an unmodified, but possibly outdated, definition from Wiktionary and used here under the Creative Commons license. Wiktionary is a great resource. If you like it too, please donate to Wikimedia.

This entry was last updated on RefTopia from its source on 3/20/2012.