Overbooking is something... Afaik... Done on purpose and to ensure MAXIMUM profit for every single flight possible.
If my plane has 50 economy seats, I would prefer oversell 52 seats. The 2 extra tickets is my insurance in case 2 of the 52 ticket holders last min cancel or change flight or simply never turn up...
I will still take off with...
50 passengers....
But what if all 52 turn up? That's when code share, upgrades and air alliance comes into play... I can ALWAYS recommend a slightly earlier flight or later flight as first option... As pointed out by the others here...
If passengers don't accept, then I will suggest an internal system upgrade to next available higher class either premium economy or biz class, whichever is available first.
Will the aviation industry want this to be regulated or removed?
From a business pov... NO
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