waiting list
Establish a waiting/cancelation list for aircraft/instructor with notification to people on list(s) when current reservation is canceled.

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Princeton Airport commented
As a flight scheduler, I want to add someone to a waitlist for a specific time, so that if the first person cancels, they can automatically replace them on the schedule. The waitlist person would optionally be notified.
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I'd rather you just let me know when an appointment is cancelled, so I have the option of booking in the newly available slot, instead of booking a standby reservation like it works now. I should be able to click on an appointment and "subscribe" to it. Maybe I can choose when I'm notified - like for cancellation only, or when any changes are made.