Results tagged “flightauction”

FAA Decides Not To Auction Off Slots At Airports

Since December 2007, the Department of Transportation—under the Bush administration—was proposing to auction off airline take off and landing times, many criticized the plan, most vocally Senator Chuck Schumer, who said, "Selling these slots to the highest bidder would be an onerous sky tax, plain and simple." Now, the DOT (under Obama) has decided to cancel the idea, based on the criticism from lawmakers, agencies (like the Port Authority) and airlines alike. The plan was well-intentioned, because the DOT was trying to address congestion at the three area airports, but the waning economy help kill the plan. Transportation Secretary Roy LaHood said, "We're still serious about tackling aviation congestion in the New York region. I'll be talking with airline, airport and consumer stakeholders, as well as elected officials, over the summer about the best ways to move forward." The International Air Transport Association said it was happy about the outcome, but added, "It is a shame the government and industry had to waste 16 months debating this ill-conceived plan."

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.”

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