Originally Posted by
full of luv
Well then why would the FAA be involved in the transaction at all? Seems that if they were truly just assets, DAL could sell them to whoever they wanted instead of running an auction through the FAA, or was selling them through an FAA auction just part of the DOT's conditions in this swap case?
I am 80% certain it is just a condition for approval. Thus putting them up for auction DAL/Airways still generate money and the DOT helps SWA/jetblue etc out. I'm looking for the money week article about it that stated B6 might be willing to spend up to 1 billion for the rights and that USairways and Delta will gain well needed cash.
Reason I don't say 100% is due to how many times this ruling changed over the last 2 years. Also somewhere on the Crewnews for Airways Parker mention the selling of slots and that generating cash but of course they rather have more slots.