Overbooking

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.
 

Add a Comment

ABOUT EMBRY-RIDDLE AERONAUTICAL UNIVERSITY
Embry-Riddle Aeronautical University is the world’s largest, oldest and most comprehensive institution specializing in aviation, aerospace, engineering and related degree programs. A fully accredited university, Embry-Riddle is also a major research center, seeking solutions to real-world problems in partnership with the aerospace industry, other universities and government agencies. A nonprofit, independent institution, Embry-Riddle offers more than 100 associate, baccalaureate, master’s and Ph.D. degree programs in its colleges of Arts & Sciences, Aviation, Business, Engineering and Security & Intelligence. The university educates students at residential campuses in Daytona Beach, Fla., and Prescott, Ariz., through its Worldwide Campus with more than 135 locations in the United States, Europe and Asia, and through online programs. For more information, visit erau.edu, follow us on Twitter (@EmbryRiddle) and facebook.com/EmbryRiddleUniversity, and find expert videos at YouTube.com/EmbryRiddleUniv.