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"Airport slots swap gets preliminary OK"
Friday, July 22, 2010
Airport slots swap gets preliminary OK
By Ashley Halsey III
The Washington (DC) Post
Delta Air Lines and US Airways have received preliminary federal approval of
their plan to swap landing rights the two airlines hold at Reagan National
Airport and New York's LaGuardia Airport, the U.S. Department of
Transportation said Thursday.
The swap deal has been underway for several years, but was delayed by the
government's desire that other airlines be able to buy some landing rights
held by the two airlines. Under the deal Delta would give US Airways 42
slots it holds at National in return for 132 slots at LaGuardia. Delta also
would pay US Airways $66.5 million.
National slots are in demand because travelers like the airport's close
proximity to downtown Washington.
The airlines would be required to sell eight slots at Reagan and 16 slots at
LaGuardia to other airlines. A slot allows an airline to land and takeoff an
airplane from the airport.
In making the announcement, the Transportation Department said it would
allow public comment for 30 days before giving final approval to the deal.
Comments can be made online at regulations.gov.
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