Airlines
Delta, US Airways, Gain Approval For LGA-DCA Slot Swap
Authorities grant US Airways, Delta approval for LGA-DCA slot swap.
Delta Air Lines will gain 132 slot pairs at New York LaGuardia Airport as part of a slot-swap deal with US Airways. (Photo: Delta Air Lines)
Delta Air Lines will gain 132 slot pairs at New York LaGuardia Airport as part of a slot-swap deal with US Airways. (Photo: Delta Air Lines)

The DOT and the Federal Aviation Administration (FAA) have granted a joint waiver request of Delta Air Lines and US Airways to allow the two carriers to swap slots at New York LaGuardia Airport and Ronald Reagan Washington National Airport. Under the plan, now more than two years old, US Airways would transfer to Delta 132 slot pairs at LaGuardia in exchange for 42 slot pairs at Reagan National, route authority to operate flights to Sao Paulo, Brazil, and a $66.5 million cash payment.

The October 7 waiver, made public yesterday, carries various conditions, including that the carriers dispose of 16 slots at DCA and 32 slots at LGA to “eligible new entrant and limited incumbent carriers.”