Virtual Airlines Glossary

Use this page when a term in Dispatch, Finance, Market audit, or an airline profile is unfamiliar.

Money and economics

Term	Meaning
FH$	The Virtual Airlines currency. Airline income and costs move through the airline treasury.
Airline treasury	The shared airline or group balance used for operations and commitments.
Reference fare	A distance-based market starting point before airline price, demand, cabin, aircraft, and route factors.
Price multiplier	The airline’s ticket or cargo price setting relative to the market reference, normally from 0.50× to 2.00×.
Yield	The amount earned per passenger or cargo unit after the applicable price and market factors.
Demand pool	The finite passenger or cargo opportunity available from an airport or route for a time period.
Sector	One of eight directional market bands around an airport: N, NE, E, SE, S, SW, W, or NW.
Capture	The share of a market opportunity an airline can claim after route, price, reputation, and competition are considered.
Load factor	The portion of available capacity that is actually carried. It is normally calculated separately for passengers and cargo.
Contribution	The financial result attributed to a route or operation after the costs used by that view are applied.
Net	Income minus the applicable costs. Flight net is not the same as total airline cash flow.
Runway	How long the current cash position can cover recurring commitments at the current activity level.
Break-even	The activity level at which the airline’s income covers its operating and recurring costs.
Recurring obligation	A cost that continues over time, such as a lease, airport fee, hub fee, or active schedule fee.

Flights and payload

Term	Meaning
Quote	Dispatch’s current forecast for a route, aircraft, market, price, and payload.
Hold	The temporary reservation of a quoted opportunity before booking, normally around two hours.
Manifest	The passenger and cargo availability calculated for the operation’s current market and rules.
Requested payload	The passenger or cargo amount selected at booking.
Recognized payload	The payload the completed and validated operation is allowed to earn revenue from.
Physical payload	The amount the aircraft can safely carry under its seats, weight, and configuration limits.
Dimensional weight	A space-based cargo measure that can add partly billable weight above physical weight.
Cabin revenue multiplier	The effect of the occupied cabin mix on passenger revenue; higher cabins are worth more only when occupied.
Settlement	The one-time accounting result written after an accepted flight is validated.
Ledger	The append-only record of airline credits, debits, and corrections.
Online Tracking	A flight-completion method that connects the operation to supported telemetry.
Offline Debrief	A permitted method of entering the flight result after the operation without live tracking.
Recovery	A controlled way to continue an interrupted operation that FlyHub marks as recoverable.
MAYDAY	An irreversible emergency close that does not award the normal score, XP, progression, or settlement.

Progression and reputation

Term	Meaning
Airline reputation	The airline’s overall public trust score, shown from 0 to 10.
Reputation dimension	A 0–100 view of reliability, operations, passenger experience, or community strength.
Pilot operational score	The quality score for an individual flight, usually shown from 0 to 10.
Admission rating	The average of eligible pilot scores used by an airline’s admission rule. It is not airline reputation.
XP	Pilot experience awarded through eligible progression activity.
Rank	A pilot or airline progression label earned from the relevant record.
Route health	A recent view of a route’s demand, load, contribution, and operating pattern.
Price satisfaction	The pricing part of the passenger-experience record. It describes how well price fits the airline’s current reputation and market.
Community strength	The reputation dimension based on active participation and member activity.
Contract performance	A view of how consistently an airline completes contract or special-operation commitments.

Activities and airline structure

Term	Meaning
Scheduled operation	A flight tied to an airline route and its published schedule.
Free Flight	An airline operation without the same scheduled-route requirement, subject to its own eligibility rules.
VIP operation	A premium whole-aircraft service for eligible general-aviation or business-jet aircraft.
Charter	A special or one-off passenger or cargo mission with its own requirements.
Event	A time-limited shared activity with event-specific rules or scoring.
Tour	An ordered set of legs that must be completed according to its published route and rules.
Operating airline	The airline identity that owns the selected route, aircraft, schedule, or result inside a group.
Flagship	The primary public identity of a group or airline structure.
Persistent aircraft location	A policy where an aircraft remains at the airport reached by its previous operation.
Omnipresent aircraft location	A policy where an eligible aircraft can be selected without being physically moved between airports.
Management history	The record of important airline-management changes.
UTC	The time standard used for operating days, period boundaries, recurring charges, and several booking windows.

Read next