Auction Opened For
Slots At New York And Washington Airports
By Shane Nolan
November 15, 2011 - Bidding by airlines for the
authority to take off and land at New York LaGuardia and
Ronald Reagan Washington National Airport begins
yesterday, under the terms of a decision by the U.S.
Department of Transportation (DOT) that will allow Delta
Air Lines, Inc. and US Airways, Inc. to exchange some of
their operating authorities at the two airports.
Oct. 7, DOT approved a request by the carriers under
which Delta would trade 42 daily slot pairs at Reagan
National for 132 US Airways daily slot pairs at
The Department placed a number of conditions on the
trade designed to promote competition and protect
consumers, including a requirement that the carriers
divest themselves of eight pairs of daily slots at
Reagan National and 16 pairs at LaGuardia.
?slot? refers to a carrier?s authority to take off or
land at an airport where flight operations are limited
by the Federal Aviation Administration. A slot pair, or
two slots, is required for a takeoff and landing.
?The conditions we placed on the slot transfer,
including the auction, will help airlines with little or
no service at LaGuardia and Reagan National gain a
competitive foothold at these airports,? U.S.
Transportation Secretary Ray LaHood said.
?The conditions we placed on the slot transfer, including the auction, will help airlines with little or no service at LaGuardia and Reagan National gain a competitive foothold at these airports,? U.S. Transportation Secretary Ray LaHood said.
carriers operating less than five percent of the slots at
LaGuardia or Reagan National, either with their own aircraft or
through a code-sharing agreement, will be eligible to bid for
the divested slots at that airport.
In order to ensure that a purchaser will be able to provide meaningful new competition, all eight slot pairs at Reagan National will be sold in a single bundle, and the 16 pairs at LaGuardia will be sold in two bundles of eight slot pairs each.
Bids will be accepted through 5:00 p.m. EST November 22. On Nov. 23, the Department will notify the divesting carrier of the winning bidders, based on the highest bid. Payments for the slots will go to the divesting carrier.
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