Glossary

Baffled by an acronym? Our corporate travel glossary should help clear away misconceptions and have you talking like a pro.

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DIA

Dubai International Airport

EASA

The European Aviation Safety Agency promotes the common standards of safety and environmental protection in civil aviation in Europe and worldwide.

Ebitda

Earnings before interest, taxes, depreciation and amortisation – a measure of profit used to value a company

EMD

Electronic miscellaneous document. EMD allows airlines to sell and track the use of all ancillary services, to accept payment, and to issue relevant documents to travellers. EMD will also integrate miscellaneous charges automatically into invoices, reports and back-office accounting systems.

EMEA

Europe, Middle East and Africa

ETS

Emissions Trading Scheme: Effectively an emissions market where allowances are traded as units of volume e.g. one tonne of carbon dioxide. Participating companies are allocated a number of allowed emissions units of each gas. A company may emit more by purchasing units from the market. Similarly, a company may sell units if they are in excess. The total number of allocation units is fixed and regulated by central and EU government. An ETS imposes a limit on the total emissions according to reduction targets, while allowing companies flexibility.
(Source: www.defra.gov.uk)

Eurocontrol

European Organisation for the Safety of Air Navigation: EUROCONTROL’s mission is to harmonise and integrate air navigation services in Europe, aiming at the creation of a uniform air traffic management (ATM) system for civil and military users, in order to achieve the safe, secure, orderly, expeditious and economic flow of traffic throughout Europe, while minimising adverse environmental impact (source: www.eurocontrol.int).

EWR

New York Newark International Airport

FAB

Functional Airspace Blocks: A way of dividing up airspace. Currently airspace is organised according to national borders. FABs would reorganise airspace according to region, with the aim of improving efficiency across Air Navigation Service (ANS) providers.

GBTA

Global Business Travel Association: formerly the NBTA (National Business Travel Association) and renamed in February 2011. It provides its members (business travel management professionals) with education and information

GDPR

General Data Protection Regulation: a new and more stringent EU regime for data protection which will apply in the UK from May 25, 2018

GDS

Global Distribution System – a major electronic worldwide reservation system used by travel agents to book flights, hotels, car rental and other travel services. The major players in this area are Sabre, Amadeus and Travelport (which owns the Galileo and Worldspan GDSs).

goppar

Gross operating profit per available room: The net revenue from the hotel after expenses; a common term used in the hotel industry to measure performance

GTMC

Guild of Travel Management Companies – now the Business Travel Association, the major UK-based association representing TMCs

HBA

Hotel Booking Agent

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