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The Second Airbus A380 From Singapore Airlines to Be Stored in Tarbes
Tarbes - On February 9, Europe's biggest aircraft storage company Tarmac Aerosave welcomed the second Airbus A380 on its storage site in Tarbes, France. Like the first, the aircraft was previously operated by Singapore Airlines. (airlinerwatch.com) More...
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This is one area of commercial aviation I just do not understand. Just another head-scratching issue that plague this industry. I just used a $900 Delta voucher I received last year for taking a "bump" which turned out to be a simple 3 hour delay to my day. Compensation for over-booking must be costing the airlines a fortune. Maybe someone could explain how over-booking a flight is a good business practice.
I think it has to do with people not showing up for a flight and still wanting a refund on their ticket. SO it leaves potentially empty seats, money that could be had.
Nearly four decades ago, American Airlines launched the revenue management revolution with its yield management strategy. This was an approach based on the fundamental premise that inventory was perishable and all customers were not created equal. The carrier focused on maximizing revenue ...
https://www.sabre.com/insights/the-evolution-of-airline-revenue-management-defining-the-next-generation-approach/
Nearly four decades ago, American Airlines launched the revenue management revolution with its yield management strategy. This was an approach based on the fundamental premise that inventory was perishable and all customers were not created equal. The carrier focused on maximizing revenue ...
https://www.sabre.com/insights/the-evolution-of-airline-revenue-management-defining-the-next-generation-approach/
My fiance is a flight attendant. She sent me a text the other day that due to weight and balance, they had to give out 23 $1300 vouchers for her flight. Insane.
With too many seats for cheaper airlines and no market for fright conversion... these giants are not looking good in the second hand market...
A sad waste of resources.
Hmmm. White elephants literally, figuratively and economically.
