Infrastructure & Planning student in the Netherlands.
Sometimes make things like this:
And I write here:
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My quest into hiphop is still continuing. Because of Kendrick Lamar's new album, I've been listening to To Pimp a Butterfly a bunch this week because I felt like I needed some context. It's really starting to grow on me, especially the second half of the album.
That OJ one has been on my watchlist, but I wonder if it's interesting for non-Americans. I only know OJ because people keep referring to his trial.
- Has anyone here seen Black Mirror? I started an episode but it seemed pretty downer.
That's pretty much the premise. Some episodes are good at being confrontational, others less so. Between them they're unrelated so you can watch them in pretty much any order.
My group research project about the Hyperloop is finally coming to a close. I think we have something pretty good on our hands but it's hard to tell - at this stage, most of what's written seems just obvious.
I had a good conversation with the head of department at my job last week. He was expecting me to quit because I'm starting my thesis soon, but I just want to put the job on hold until the end of the year. He repeatedly told me that I'm valued at the company and I am pretty sure that's something I can use as leverage once I graduate.
Speaking of graduation, I should really start fleshing out my proposal but all the other things in my life take up enough time and energy that I'm finding it hard to even begin with something so big. I am spending this Easter weekend back at home with family and friends. Hopefully that will help.
Okay, I was under the impression that most regular airline tickets are still mostly refundable and / or easily canceled. I also didn't know that the money they offer is a voucher; European airlines hand out actual money, usually the same day.
What I was mostly defending was the strategy of airlines responding to regular no-shows and how I think it's not surprising to expect a large, profit-hungry airline to overbook just to make sure planes are full. It's the 'ZOMG overbooking is evil' responses that I thought were unfounded and not the issue here. They should've just offered more or rerouted the United crew.
While I do agree that this is an awful way to treat your customers, I have seen quite a few people going bananas over United's overbooking strategy. "Didn't he pay for his seat? How can United sell seats they don't have??!" That just isn't how airlines work these days. I dug up my textbook from airline industry expert Peter Belobaba:
- If too many reservations are accepted and more passengers show up at departure time than there are physical seats, the airline must deal with the costs and customer service issues of denied boardings (DB). On the other hand, if not enough reservations are accepted for the flight and the no-show behavior of passengers is greater than expected by the airline, there are costs associated with the lost revenue from empty seats that could otherwise have been occupied, also known as spoilage (SP). The more specific objective of most airline overbooking models is therefore to minimize the total combined costs and risks of denied boardings and spoilage (lost revenue).
Why is overbooking even necessary? The simple answer is that airlines have historically allowed their passengers to make reservations (which removes seats from the airline’s available inventory) and then to “no-show” with little or no penalty. In very few other service or manufacturing industries can the consumer “promise” to buy a product or service and then change his or her mind at the last minute with little or no penalty. The economic motivation for airline overbooking is substantial. In the USA, domestic airline no-show rates average 10–15% of final pre-departure bookings, and can exceed 20% during peak holiday periods. Although there are substantial regional differences, average no-show rates are almost as high throughout the rest of the world. Given that most airlines struggle to attain a consistent operating profit, the loss of 10–15% of potential revenues on fully booked flights (which would occur without overbooking) represents a major negative impact on profits.
Another thing he points out is that DB costs are almost always lower than SP costs, especially since optimizing for low SP costs means accepting a structural, large loss. DB costs can also be compensated for with upgrades, free tickets and lounge access, all far lower than the profitability of a few seats. Especially since US airlines have been quite good at getting regular passengers to give up their seats voluntarily:
- With the help of voluntary DB programs, the largest US airlines have become extremely successful in managing DB and the associated costs, despite what is perceived to be very aggressive overbooking to reduce the revenue losses associated with spoilage. The involuntary DB rate among US major airlines in 2007 was only 1.12 per 10 000 passengers boarded (US DOT, 2008). Over 90% of all DB in the USA are volunteers, meaning that the total DB rate for US airlines was about 12 per 10 000 passengers boarded. This total is in line with world airline industry standards of 12 to 15 per 10 000. But the important point is that US airlines are able to report lower involuntary DB rates than most world airlines, thanks to effective voluntary DB programs.
Linguistically, Dutch is very close to German. It's even the case that some dialects near the border with Germany (in the Dutch Lower Saxon](https://en.wikipedia.org/wiki/Dutch_Low_Saxon#Dialects) ) sound more German and take words and grammar from it. Because my dads part of the family is from Drenthe, I can understand German better. I had some high school German which has mostly faded away, but I can fill in the German words I don't know with their Dutch or Drents equivalent and Germans understand me well enough. Understanding written German is easier than spoken German, although that's probably the case for most closely related languages.
And 1,600 died of heart diseases. Terrorist attacks aren't about the numbers.