Originally Posted by coiaflyer

I agree that the concept of overbooking may be profitable, but it has to be handled appropriately. I was bumped from J to Y on a recent flight from HKG to US. I was given cash, and they refunded the difference between a oneway J and Y ticket. I am not sure what type of fares they used (walk up vs. advanced) to calcluate it, because they gave me 75% of my ticket back to me in cash which they said was the difference between a oneway J and Y ticket. To me this seems to me that they will be losing on every bump or breaking even depending on how much they charged the passenger who took my seat.