Delta and US Abandon Slot Swap Deal

[Matt Molnar]

In a letter to the DOT today, Delta Air Lines and US Airways said they are dropping their plan to swap slots at LGA and DCA...

http://nycaviation.com/2010/07/02/delta ... -airports/ (http://nycaviation.com/2010/07/02/delta-and-us-airways-abandon-plan-to-exchange-slots-at-laguardia-and-reagan-national-airports/)

[emshighway]

I'm looking for confirmation above the Marke****ch Article. I haven't seen anything else.

[Matt Molnar]

Reuters reported it too, and added that the airlines will sue the gov't.

[emshighway]

The FAA decision is being appealed and a judicial review being looked at. They are not dropping the swap deal. This is from a very reliable source.

[emshighway]

http://www.bloomberg.com/news/2010-07-0 ... uling.html (http://www.bloomberg.com/news/2010-07-02/delta-us-airways-won-t-pursue-new-york-washing-slot-swap-on-u-s-ruling.html)
http://www.reuters.com/article/idUSN0413616820100505 (at least they got the story correct)

[LGA777]

Gotham, your article states that the "drastically" reduced US operation would have moved to the Marine Air Terminal. The actual plan was to have a split operation at the MAT (Shuttle) and at the current DL Terminal (Mainline + Express 3 or 4 gates).

Cheers

LGA777

[emshighway]

Gotham, your article states that the "drastically" reduced US operation would have moved to the Marine Air Terminal. The actual plan was to have a split operation at the MAT (Shuttle) and at the current DL Terminal (Mainline + Express 3 or 4 gates).

Cheers

LGA777

Yep, that's the plan.

[Matt Molnar]

The FAA decision is being appealed and a judicial review being looked at. They are not dropping the swap deal. This is from a very reliable source.
This will probably take years to decide, so it might as well be scrapped for now. Delta and US may be in vastly different positions by the time it is settled, as will the airlines who they want to sell those extra slots to.

[Matt Molnar]

Gotham, your article states that the "drastically" reduced US operation would have moved to the Marine Air Terminal. The actual plan was to have a split operation at the MAT (Shuttle) and at the current DL Terminal (Mainline + Express 3 or 4 gates).
Thanks, corrected.

[emshighway]

A quasi-official statement

Delta and US Airways filed an appeal of the U.S. Federal Aviation Administration's ruling regarding their proposed slot transaction in New York and Washington, D.C., in the U.S. Court of Appeals for the District of Columbia today. Both airlines continue to believe the slot transaction will benefit consumers traveling to and from New York and Washington, D.C. While Delta and US Airways have informed the U.S. Department of Transportation and the FAA they will not proceed with the transaction under the conditions imposed by the FAA, the appeal is the latest step in the airlines' effort to reach a solution.