FlyerTalk Forums - View Single Post - Design the new process to solve IVDB (a constructive, positive thread)
Old Apr 12, 2017 | 8:07 pm
  #41  
kavok
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Originally Posted by STS-134
I think you're confused. A cap is the maximum amount they'd be allowed to pay, and I don't think such a thing exists, even now. What you're talking about is establishing a floor, or minimum amount of IDB compensation. I think a good place to start is 2-4x the maximum fare sold on that flight. Don't tie it to a specific dollar amount because there's this thing called inflation. In any case, this makes IDB much more expensive than finding volunteers for VDB, which makes IDB effectively a thing of the past.
Good correction, my bad. You are correct in that I should have stated floor. A floor of 5k to 10k that must be provided to IDBs... which in a practical sense would become the new upper limit for what airlines would offer to a VDB.
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