Originally Posted by
SATCOS WHIPPING BOY
The airline still has 100% income.
They then sell that seat to a standby passenger and have 105% income.
I'm not clear what "100% income" means.
Work the arithmetic of my example again.
100 seat airplane. $500 tickets, all non-refundable. Sell 101 of them. One passenger no-shows. Revenue $50,500
Same 100 seat airplane. Sell only 100 tickets. One passenger no-shows. Revenue $50,000