Originally Posted by forgot to bid

Airlines Should Pay Bumped Passengers More, White House Says
Published June 02, 2010
| Associated Press

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WASHINGTON -- The Obama administration wants to raise the amount airlines have to compensate passengers bumped from full flights to as much as $1,300. They pay up to $800 now.

The Transportation Department unveiled the proposals Thursday. The proposed changes also would give passengers 24 hours to cancel reservations without penalty.

And the new rule would require airlines to fully and prominently disclose baggage fees, prohibit price increases after a ticket is purchased, and give passengers timely notice of flight status changes.

The proposal would also extend to foreign airlines a three-hour limit on the time airlines can keep passengers waiting on airport tarmacs.
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So are we seeing the elimination of refundable ticket? Now everyone gets a 100% refundable ticket? So you can reserve a spot on an airliner and then decide not to take it 24 hours in advance and now said airline has to fly with that seat empty because it probably won't be able to resell it. Yikes.

Well, hot damn, lets do that with sports tickets and see how that goes. I'd like a $10,000 nose bleed Super Bowl ticket, oh wait, nevermind.