Sealed Bidding with United Airlines

“Auction overbooked airline seats” was an article that was written a year ago when United Airlines had the incident of dragging a passenger off the plane because more passengers showed up for the flight then there were seats available. The author of this article suggests a method that allows passengers to volunteer their seats at check-in. He suggested that sealed bidding method would be the best way to entice passengers to give up their seats if they chose. If they bid the lowest then they will give up their seat, but will get compensated and the airline would arrange other travel amenities. This will help show what each passenger believes is the best value of their seat, as well as bring in more bids for the airline so there is less of a chance for the airline to get overbooked on a flight.

http://www.baltimoresun.com/news/opinion/oped/bs-ed-airline-auction-20170510-story.html

 

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