It just seems like it happens so often, and airlines will sometimes offer you three times the price of the ticket just to stay a few extra hours. Seems like it’d be easy to just…stop selling tickets once the plane is full??
In: Economics
To simply put it, there is greater likelihood for people to not show-up versus the excess bookings.
It is cheaper to compensate these excess bookings that cannot be accomodated compared to the profit being realized for these excess bookings that can be serviced in lieu of those who didn’t actually made it to their flights.
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