Wendover Productions
Why Airlines Sell More Seats Than They Have
Wendover Productions, 2017
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Airlines overbook flights to reduce the price of tickets and attract more passengers.
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Recommendation
Selling a single product or service to more than one buyer is considered fraudulent in most sectors, but in the airline industry, the practice of “overbooking” – issuing tickets in excess of the space available – is a norm. Why do airlines pursue such double-dealing, and is it legal? getAbstract recommends Wendover Productions’ pithy presentation to anyone who wants to understand the economics of travel or to avoid getting bumped from a flight.
Summary
About the Speaker
Wendover Productions publishes short educational videos that aim to explain how the world works.
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