Neat (via the New York Times):
[A]irlines continue to cut capacity in an effort to keep up with rising fuel prices, leaving fewer seats for passengers…. [T]here are some travelers who see the flight crunch as a lucrative opportunity. Among them is Ben Schlappig. The 20-year-old senior at the University of Florida said he earned “well over $10,000” in flight vouchers in the last three years by strategically booking flights that were likely to be oversold in the hopes of being bumped.
If you subscribe to the credo that there’s “nothing new under the sun,” then this is exactly the kind of pursuit you’d expect from young Americans who possess entrepreneurial spirit. There are many worse ways one could devise to maximize one’s benefit by exploiting some aspect of a system.
It’s refreshing to me to see a reversal in the trend of corporations destroying our society, even such an insignificant one. So, thank you, Mr. Schlappig, for doing the legwork. Perhaps others will gain from your pioneering ways.