Landing slots
Encyclopedia : L : LA : LAN : Landing slots
Landing slots or Airport slots are rights allocated to an airline by an airport or government agency granting an airline the right to schedule a landing or departure at a specific time. Landing slots at some major airports are controlled by grandfather rights for airlines that were in place when these restrictions were added, for example: British Airways at Heathrow Airport.
The relinquishment of landing slots has now been included as a clause in certain airline mergers where the merger would give the merged airlines too great a market share. Landing slots are in demand at busy airports like Chicago's O'Hare Airport with airlines bidding millions of dollars simply to be allowed to land their aeroplanes.
Airports currently assigning slots
- John F. Kennedy International Airport - Washington, D.C.
- LaGuardia Airport - New York City, New York
- Ronald Reagan Washington National Airport - New York City, New York
- O'Hare International Airport - Chicago, Illinois.
From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.