Delta and US Airways Close Slot Swap Deal

Posted 15/12/2011

Delta Air Lines and US Airways have announced the closure of their agreement to transfer take-off and landing rights at New York's LaGuardia and Washington’s Reagan National airports.  The deal was approved by the US Department of Transportation in October but could not be completed until the terms of the contract, namely the sale of some slots at both airports to competing carriers, was completed.

Under the agreement, Delta acquired 132 slot pairs at LaGuardia from US Airways and US Airways acquired from Delta 42 slot pairs at Reagan National, as well as the rights to operate additional daily service to Sao Paulo, Brazil in 2015.  The two airlines are now working on their expanded schedules at the respective airports.

"US Airways has been a solid operator for travelers utilizing the easily accessible service at Ronald Reagan National Airport for many years," said Doug Parker, Chairman and Chief Executive Officer, US Airways. "Our expanded presence at Reagan National enables us to add more frequencies in existing markets so customers have more travel choices; it also allows us to expand our service so more smaller communities have access to non-stop service to this very important market and beyond."

"Now that we have closed our agreement with US Airways, we can begin taking steps to expand our schedule at New York LaGuardia, greatly increasing travel choices for our New York customers and increasing competition in the market," added Richard Anderson, Chief Executive Officer.  "We also look forward to expanding and modernising our LaGuardia facilities as we create a Delta hub operation at LaGuardia."

---

With effect from March 19, 2012 the Breaking News coverage on Routesonline is powered by Airline Route.  For more analysis on these stories please read our expanded coverage of the key stories of the day in The HUB. 

You can also keep up to date with the latest network development news by following the live updates from @Routesonline, @TheHUBRoutes, @RouteExchange and @airlineroute on Twitter.  While all the latest news from our events can be seen by searching the #RoutesAfrica, #RoutesAmericas, #RoutesAsia, #RoutesCIS, #RoutesEurope and #WorldRoutes hashtags.

All material is copyright of UBM Aviation Routes but the views expressed are not necessarily the views of UBM Aviation Routes and the company shall therefore not be liable for the contents of any article that appears on the site.  Although the best efforts have been taken in collecting and checking the material we can not and do not warrant that the information contained in this product is complete or accurate and does not assume and hereby disclaims liability to any person for any loss of damage caused by errors or omissions.

PLEASE NOTE: From March 7, 2012 schedule data for all news stories has been extracted from OAG Schedules iNET; All GDS data is based on a live GDS update on the day of publication; Traffic data extracted from IATA BSP system for the year ending December 2011.  All information is subject to change.