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Despite much opposition from other government agencies and leaders, the U.S. Department of Transportation will auction off takeoff and landing time slots to New York City-area air travelers flying out of JFK, LaGuardia and Newark airports. The Bush administration believes that airport slot auctions could help reduce air delays and increase the quality of air travel for fliers.
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Fast Facts
- Department of Transportation to auction off airport landing, takeoff time slots
- Experiment to take place at JFK, LaGuardia and Newark airports
- 10% of air travel could one day be auctioned
- DoT claims slot auctions will reduce delays, lower fares
- Opposed by GAO, David Paterson, Jon Corzine
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Quotations
"Without slot auctions, a small number of airlines will profit while travelers bear the brunt of higher fares, fewer choices and deteriorating service," -- Transportation Secretary Mary Peters"It is simply shocking that the DOT is unabashedly continuing this ideological battle despite the staunch opposition from the entire aviation community and the independent finding that the DOT lacks the power under the law to implement the proposal in the first place," -- New York Senator Charles Schumer
"We conclude that FAA may not auction slots under its property disposition authority, user fee authority, or any other authority, and thus also may not retain or use proceeds of any such auctions," -- GAO general counsel Gary Kepplinger
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Airport Slot Auctions on Amazon | View All
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Appropriations Ruling: Federal Aviation Administration--Authority to Auction Airport Arrival and Departure Slots and to Retain and Use Auction Proceeds.: ... Accounting Office Reports & Testimony - $9.95
This digital document is an article from General Accounting Office Reports & Testimony, published by Stonehenge International on December 1, 2008. The length of the article is 480 words. The page length shown above is based on a typical 300...
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Questions and Answers About Airport Slot Auctions | View All | Ask a Question
View All Airport Slot Auctions Questions (255) | Ask a QuestionWhat are the qualification for attending a Car Auction? (1 Answer)Basically you need money and identification. Below is a link to give you more information. read moreHow do I buy a car at a dealer auction? (4 Answers)You will need to have a dealer license if the auction is not open to the public, you can always ask a dealership to purchase a car for you, or ... read more
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