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Re:Woman makes $420k by buying insurance on flights she pred... by ProZsolt on Monday June 15, 2020 @07:29PM (#23534284)
Yes, it's common. It happened to me once and some of my colleagues as well.

I think they don't overbook as much as in the US. They try to avoid bumping off passengers, because the cost of doing it is much higher. They can't just give you an upgrade ticket. They have to reimburse all occurring cost and they have to pay an additional 250-600 EUR compensation depending on the length of the flight.[1]

[1]: https://europa.eu/youreurope/citizens/travel/passenger-right...

Re:Woman makes $420k by buying insurance on flights she pred... by vinay427 on Tuesday June 16, 2020 @10:21AM (#23539432)
There is a possibly looser regulation on this in the US as well: https://www.transportation.gov/individuals/aviation-consumer...

I've seen airlines offering compensation worth well more than these minimums, however. Anecdotally it seems fairly common to get hundreds of dollars for a relatively short domestic flight.