Originally Posted by
ellenyc
Airlines overbook as part of their revenue maximization strategy. For the most part, it works out. But when it doesn't, and they are oversold, the airline is the one who took the financial risk, not the passengers. The hiding behind a fine print of a one-sided CoC needs to end. All markets have a clearing point, and the airline needs to keep offering higher incentives until the necessary number of passengers take the offer for voluntary denial.
Under the current system it's not the airlines taking the risk, its unwitting (for the most part) passengers who are at risk of having their planned activities interfered with because of an IDB caused an airline overbooking. That's what has to end. The airlines should be forced to pay enough for volunteers as you suggest.