Originally Posted by
Andy
Don't think out load; it's a half baked idea. What this industry doesn't need is more government interference.
Overbooking was a profitable strategy in the past. Delta's decision to raise maximum DB compensation is going to make it unprofitable because every dirtbag in the US will now be looking for $10k to give up their seat.
The problem is the demand is exceeding supply. We can add capacity, raise prices, or do both. I'm in favor of doing both. We don't even need to 'raise' ticket prices; all we need to do is change the number of seats available in each fare bucket. We shouldn't even be selling tickets in the G, K, or L fare buckets right now.
The government doesn't have to get involved for airlines to stop the overbooking policy. Or maybe it'll be part of the settlement agreement on the pending lawsuit?