Delta Air Lines reaches slots agreement with US Airways
Delta Air Lines announced (12-Aug-09) it has reached an agreement with US Airways to exchange certain flying rights and airport facilities at New York's LaGuardia and Washington's Reagan National airports, allowing Delta to create a domestic hub at LaGuardia Airport. The agreement, subject to government approvals, calls for US Airways to transfer 125 operating slot pairs to Delta at LaGuardia and Delta to transfer 42 operating slot pairs to US Airways at Reagan National. The agreement allows US Airways to acquire rights needed to expand to Sao Paulo and Tokyo. The airlines also will swap gates at LaGuardia between the Marine Air Terminal and US Airways' Terminal C to consolidate all Delta operations, including the Delta Shuttle, into an expanded main terminal facility with 11 additional gates for Delta customers. [more]