IKEA Femme ⚧ 🏳️‍🌈 is a user on octodon.social. You can follow them or interact with them if you have an account anywhere in the fediverse. If you don't, you can sign up here.

I like the Economist's solution to the overbooking flights problem:

"pay fair compensation to any volunteers willing to rebook onto a later service. And what counts as fair? Let the market decide. If flyers are not tempted by a carrier’s 1st offer, keep raising it until someone bites. If that price is many times the cost of the original ticket, so be it."

economist.com/blogs/gulliver/2

IKEA Femme ⚧ 🏳️‍🌈 @ikea_femme

@iain Airlines don't already do this? I've seen this happen. Although maybe it was a travel voucher instead of cash? And they even did it with a free booking on a later flight on the route.

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@ikea_femme Yes This is about bumping up the price in an auction until the bumped passengers are happy. Greedy overbooking airlines pay the price.