Why do airlines sell too many tickets?
Have you ever sat in a doctor’s office for hours, despite having an appointment? Has a hotel turned down your reservation because it’s full? Have you been bumped off a flight that you paid for? These are all symptoms of overbooking, a practice where businesses sell or book more than their capacity. So why do they do it? Nina Klietsch explains the math behind this frustrating practice.
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2. gadgetfreak commented 7 years ago
#1 With a non refundable ticket the penalty for not showing up is enough high, its 100%! (except tax and airport fees, which are always refundable, but the airline doesnt have to pay them for a no-show either!)
+2 1. ringmaster commented 7 years ago