United Airlines piloting technology to manage the problem of oversold flights

Re:United Airlines piloting technology to manage the problem... by mikeash on Thursday July 13, 2017 @03:03PM (#14764160)

You could buy an insurance policy that caps at, say, $100 billion, and then plan to go out of business if it somehow takes more than that to buy out someone's seat.

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Re:United Airlines piloting technology to manage the problem... by SilasX on Thursday July 13, 2017 @04:26PM (#14764856)

Or you could avoid the Rube Goldberg and just be upfront about the "buyout option"/"bid max" you're reserving on every ticket.

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Re:United Airlines piloting technology to manage the problem... by mikeash on Thursday July 13, 2017 @05:46PM (#14765557)

Or you could avoid that Rube Goldberg and just pay what it takes. The risk of a multi-million-dollar payout for a few oversold seats is lower than the risk of, say, being put out of business because your negligence caused one of your aircraft to crash into Manhattan and you end up being liable for tens of billions in damages.

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