LogFAQs > #876910747

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Topic	Man physically assaulted and dragged off United flight by airport security
thronedfire2 04/10/17 11:36:59 AM #40:	ROD posted... Frostshock posted... ROD posted... Would they lose some money without overbooking? Perhaps. Would they go bankrupt or in the red because of it? LOL no. I should probably clarify that in addition to profit it's also about throughput. Say you didn't overbook, and N people want to travel by air to some destination. So you sell all M seats, and you're left with N -M people who need to be put on other flights. But in reality, some of them could have fit on the first flight because the flights that are oversold are statistically likely to have people cancel or miss at the last moment. Would you be happy if you had to fly out the next day when a perfectly good plane was leaving with empty seats? not sure I follow... They overbook because some people inevitably don't end up on the flight for whatever reason. If they booked the exact amount of seats they have they'd end up flying with empty seats --- I could see you, but I couldn't hear you You were holding your hat in the breeze Turning away from me In this moment you were stolen... <cite>thronedfire2 posted [p:876910747] in Man physic... [t:75220530]...</cite> <quote><cite>ROD posted...</cite> <quote><cite>Frostshock posted...</cite> <quote><cite>ROD posted...</cite> <quote>Would they lose some money without overbooking? Perhaps. Would they go bankrupt or in the red because of it? LOL no.</quote> I should probably clarify that in addition to profit it's also about throughput. Say you didn't overbook, and N people want to travel by air to some destination. So you sell all M seats, and you're left with N -M people who need to be put on other flights. But in reality, some of them could have fit on the first flight because the flights that are oversold are statistically likely to have people cancel or miss at the last moment. Would you be happy if you had to fly out the next day when a perfectly good plane was leaving with empty seats?</quote> not sure I follow...</quote> They overbook because some people inevitably don't end up on the flight for whatever reason. If they booked the exact amount of seats they have they'd end up flying with empty seats --- I could see you, but I couldn't hear you You were holding your hat in the breeze Turning away from me In this moment you were stolen...</quote> ... Copied to Clipboard!
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