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by philjohn 3866 days ago
Virgin Atlantic have a great service where, upon booking an economy ticket, you can then bid for an upgrade. The person who bids highest, wins.

It's such a simple concept, but fantastic in that a higher priced seat that might have gone unsold, instead goes for what someone perceives its value to them to be.

1 comments

That really is.

"Hey, I can fly JFK to Heathrow for $800. But I'd be willing to pay $1100 for business class."

You win, great. You lose, no loss.