the practice of selling more airline seats than are available on a specific flight, to make up for no-shows. Usually backfires on the carrier and at times can create much consumer ill-will. Requires passengers to be " bumped "
Found on
http://www.ddtvl.com/glossary/glossary.htm
A common practice whereby an airline, hotel, or other company accepts more reservations than it has seats or rooms available, on the presumption that a certain percentage of people will not show up. Airlines have a legal right to overbook, while hotels do not. A hotel must find a room for everyone who has a reservation and shows up on time. An airl...
Found on
http://www.nolo.com/dictionary/overbooking-term.html
No exact match found.
