Air Transport World

US airlines oppose Newark slot auction.(NewsBriefs)(Brief article)

US Air Transport Assn. is suing to prevent FAA from moving forward this month with the auction of two operational slots at Newark. Transportation Secretary Mary Peters said the limited auction will enable the agency to try the concept "on a small scale, gauge interest and determine a slot's market value." She added that slot auctions are part of DOT's "market mechanisms" approach to solving congestion at crowded airports. …

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