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The U.S. Department of Transportation is planning on auctioning almost 300 flight slots at NYC airports, but the Port Authority said that would seek an injunction to block the plan. The federal DOT says auctioning off 10% of flight slots will help alleviate air traffic, but Governors Paterson and Corzine believe smaller flights will be cut. And the Port Authority told the NY Times, "Who’s got money to buy slots? ...They keep saying an auction stimulates competition. I have more direct flights to more airports than anywhere in the world.”
Port Authority Continues Fight Against Airport Auction
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Good. Smaller flights SHOULD be cut. Airspace, runway time, jet fuel, all are limited resources. Airlines should stick to more profitable longer flights (i.e. the ones that are going to be able to bid more in these auctions) and leave shorter trips to modes of transportation that are more suited to them.
And if this means Shelly Silver can't fly from NYC to Albany anymore, good.