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Those airlines take a risk by overbooking, and that risk can be penalized by a net negative profit if need be. If you're allowed to gamble, you need to be able
by cbcoutinho 9y ago
Those airlines take a risk by overbooking, and that risk can be penalized by a net negative profit if need be. If you're allowed to gamble, you need to be able to lose.
- awinder 9y agoYup, and moreover like any good casino it's pretty clear that they did the math already. That's why you're getting $800 fake bucks: they crunch figures on how much of that $800 they'd be on the hook for. If they gave you cash, I bet the inflection point where this entire overbooking scheme is actually fiscally worth it, becomes a losing proposal.