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Simon Calder: Why overbooking can be a good thing

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Simon Calder: Why overbooking can be a good thing

Safe bets are rare in travel. But one cert is that the practice among airlines of selling more seats than their planes actually hold infuriates everyone from consumer groups to financiers: "This overbooking thing beggars belief," said Charlie Morris from HSBC on Radio 5 Live this week.

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