turnaround

[turn-uh-round]
noun
1.
the total time consumed in the round trip of a ship, aircraft, vehicle, etc.
3.
change of allegiance, opinion, mood, policy, etc.
4.
a place or area having sufficient room for a vehicle to turn around.
5.
the time required between receiving and finishing or processing work or materials.
6.
Commerce.
a.
a reversal, as in business sales, especially from loss to profit.
b.
the time between the making of an investment and receiving a return.
7.
Aviation. the elapsed time between an aircraft's arrival at an airfield terminal and its departure.

Origin:
1925–30; noun use of verb phrase turn around

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
turnaround (ˈtɜːnəˌraʊnd)
 
n
1.  a.  the act or process in which a ship, aircraft, etc, unloads passengers and freight at the end of a trip and reloads for the next trip
 b.  the time taken for this
2.  the total time taken by a ship, aircraft, or other vehicle in a round trip
3.  a complete reversal of a situation or set of circumstances

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
The steps already taken amount to a stunning political turnaround.
The survey results showed that students wanted more lenient attendance polices
  and a faster turnaround on graded papers.
In the age-old cultural ebb and flow between city and country, the city has
  made a remarkable turnaround.
If so, that will be quite a turnaround for a promising but beleaguered
  technology.
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