Originally Posted by
ijgordon
It is technically correct - an award ticket is a revenue ticket, a...
Regardless of what some people may use, it's not good practice to use the term "revenue ticket" or similar when specifically referring to non-award/cash paid tickets.
Originally Posted by
percysmith
Correct from a trade POV
Incorrect from a financial statement or SEC POV
No argument with any of these statements.
And as you both seem to imply, when we are talking about them on FT, the simplest/clearest terms are...
Revenue ticket - paid with cash
Award ticket - paid with miles
Non-Revenue ticket - airline employee ticket
Anything else becomes unnecessarily wordy.