Summary Box: Delta CEO’s comments on slot swap ruling put issue in focus for travelers
By APFriday, February 12, 2010
Summary Box: Delta CEO comment on slot swap ruling
WHAT’S HAPPENING?: Delta Air Lines’ CEO is upset the DOT is requiring Delta and US Airways to sell some of their takeoff and landing slots at New York’s LaGuardia Airport and Washington’s Reagan National Airport for the carriers’ slot swap transaction to go through.
WHY?: The Transportation Department wants to protect competition, but the airlines believe the ruling will hurt travelers if it stands.
WHY DOES THIS MATTER?: The airlines want the slots in part so they can fly to smaller, underserved communities. They also want them so they can be more profitable.
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