Transit Cargo

Cargo arriving at a point and departing by another flight.

TCAS

Traffic Collision Avoidance System (US-FAA).

TIACA

The International Air Cargo Association.

TSA

Transportation Security Administration.

Unit Load Device (ULD)

A container or pallet used to transport cargo on an aircraft.Valuable Cargo (VAL) Shipments of high value requiring advance arrangement and special handling.

VAT

Value-Added Tax

VHF

Very High Frequency.

WATS

World Air Transport Statistics.

WHO

World Health Organisation.

WTO

World Tourism Organisation.

WTTC

World Travel and Tourism Council.

Yield

Airline term for revenue per unit, eg revenue per mile per passenger.

Yield Management:

The management, by airlines, of revenue based on the assumption that: