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Old May 20, 2012, 2:48 PM
xjcaptain xjcaptain is offline
Airline Employee (NOT OFFICIAL REP)
 
Join Date: Dec 2011
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Quote:
Originally Posted by jimworcs View Post
The justification for "over-selling" has long since passed. Fully transferrable, paper tickets meant airlines in the past has no reliable way of knowing how many would turn up. Today, the vast majority of tickets are direct sale, electronic and non refundable. What they do today would be fraud in any other industry. Imagine a Madonna concert where the promotors sold 10,000 tickets for an 8,000 seat arena. It would be a scandal and heads would roll.
Why then are there so many no-shows? Once the seat leaves the gate, its revenue that can never be made up or sold again.
 
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