In the days when air tickets were sold fully flexible and passengers could no show and still get on a later flight, the airlines may have had an excuse for over-selling. Today the vast majority of tickets now sold (and I mean VAST majority) are restricted tickets which are not transferrable and there is no excuse for the airlines to over-sell other than greed. It is abusive and exploits their monopolies and it is time the DOT regulated this practise.
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