Looks like DOT shot us down again


DOT keeps conditions on US Airways-Delta slot swap
DOT keeps slot swap conditions that Delta and US Airways said could kill the deal
ap


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Companies:
o Delta Air Lines Inc.
o US Airways Group, Inc.

On Tuesday May 4, 2010, 3:25 pm

WASHINGTON (AP) -- The Transportation Department is approving a swap of takeoff and landing slots between Delta Air Lines Inc. and US Airways Group Inc., while imposing conditions similar to those that the airlines have said might kill the deal.

The slots are at Reagan National Airport in Washington and LaGuardia airport in New York.

The Transportation Department says it would require Delta and US Airways to sell 14 pairs of slots at Reagan and 20 at LaGuardia to airlines that have little service at those airports.

The DOT says its conditions are similar to those it announced on Feb. 9. The airlines said then that those conditions would negate the financial benefits of the deal.