United Airlines vows not to call police on passengers as CEO apologizes for fiasco
United Airlines vows not to call police on passengers as CEO apologizes for fiasco
- April 12, 2017
- Jan Brueckner, economics, via the Los Angeles Times, April 12, 2017
Jan Brueckner, professor of economics at UC Irvine, said overbooking can actually benefit consumers. If an airline flies with empty seats, it forgoes revenue on the flight. “Eliminating empty seats is a good idea because it keeps fares down,” he said. “People don’t like it because it’s crowded, but still, they care more about the price than anything.”
For the full story, please visit http://www.latimes.com/business/la-fi-united-boarding-20170412-story.html.
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