Landing slots
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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.
[edit] Airports currently assigning slots
[edit] United States
- John F. Kennedy International Airport - New York City, New York
- LaGuardia Airport - New York City, New York
- Ronald Reagan Washington National Airport - Washington, D.C.
- O'Hare International Airport - Chicago, Illinois.
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