RAA Blasts DOT Final Rule Regarding Slot Auctions for NY Area Airports
Thursday, October 9, 2008
Posted by: Admin
The Regional Airline Association today blasted the Department of Transportation's decision to move forward with slot confiscation at New York metropolitan airports.
Despite overwhelming and near-unanimous opposition from government, industry and community stakeholders, DOT plans to confiscate and then auction off a number of take-off and landing slots at New York area airports.
The announcement comes as a crushing blow to smaller communities across the nation. Over 70 percent of airports in the United States rely on regional airlines for their only access to the nation's air transportation system. These communities will suffer devastating service losses as airlines' takeoff and landing slots are confiscated and sold to the highest bidder and airlines are overwhelmed by increased costs and reduced points of access to the U.S. air transportation network. Click here to read the full RAA Press Release