Business Professor Weighs in on Airline Overbooking, One Year After '#BumpGate'
Dr. Bijan Vasigh, professor of economics and finance at Embry-Riddle Aeronautical University's Daytona Beach Campus, was recently interviewed for a story in The Points Guy, titled "United Airlines' #BumpGate: One Year Later."
According to Vasigh, 7-8% of passengers are no-shows for flights, due to connecting flight delays and other various reasons, which makes it extremely difficult for airlines to hit their revenue targets without overbooking each flight. "It's a very careful calculation to strike the right balance," he said.