12-Oct-2011 10:24 AM
Delta and US Airways receive DoT approval for slot swap
US Department of Transportation (DoT) approved the Delta Air Lines/US Airways slot swap, which will see Delta receive 132 slot pairs at LaGuardia Airport, in exchange for swapping 42 of its pairs with US Airways at Washington Ronald Reagan National Airport. Under the terms of approval, the carriers must divest 16 pairs to smaller rivals at LaGuardia and eight at Reagan National. The US Department of Justice will continue its antitrust investigation, focusing on the impact of US Airways' increase of slots use at Reagan National and the resulting decrease in Delta's share of slots at this "slot-constrained" airport. [more - original PR - Department of Justice]