But surely with LC model, most passengers are not entitled to a refund unless they have paid the higher price...... just what percentage of their passengers pay the cheapest price, I wonder, guess it would be most so there is no loss of revenue if they don't turn up. All seems a bit of "spin" to me to, and surely overbooking and off-loading will incur extra costs for EZ as they then have to make compensation payments. Guess the only people who fully understand airline revenue management in any detail are all hidden away in the back-office and probably never saw the press release before it was issued anyway.