More Flights Are Overbooked, but Payoffs Are Rising : Update to Involuntary
Bumping Compensation
The bad news: the likelihood that travelers will be bumped from an
overbooked flight may grow worse this fall when airlines shrink their fleets to cut unprofitable flights and
inefficient planes, meaning even fewer empty seats than there are now. The good news: airlines are
required to offer richer rewards--twice the amount of money they used to pay out--for passengers bumped
from a flight. The payoff can be even greater for people who know how to bargain. Read
more...
