Re:Southwest to Stop Overbooking as United Uproar Echoes
by jowiar on Thursday April 27, 2017 @05:44PM
(#14214993)
My gut feeling is that refundable tickets are less of a cause of empty seats than missed connections.
Re:Southwest to Stop Overbooking as United Uproar Echoes
by gshubert17 on Thursday April 27, 2017 @05:46PM
(#14215017)
According to the Economist, profits per passenger are $22.40 in North America, compared to less than $8 per passenger in Europe.
April 22, 2017, page 11
Margins in air travel are small, an extra seat sold on every flight is a huge difference, this will definitely affect revenues and profits, and will likely lead to slightly higher ticket prices. Until the race to the bottom returns and they start overbooking again.