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Old 11-01-2010 | 12:45 PM
  #51371  
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Originally Posted by firstmob
Has anyone heard or know the status of the LGA slot swap appeal?
What he said. There has been precious little in the news on this lately. Anyone hear anything?
Old 11-01-2010 | 12:46 PM
  #51372  
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From: Light Chop
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Pardon this interruption. I know its only 5 in the afternoon, but I posted something on a different thread that requires I redeem myself on the only thread that matters.



Carry on.
Old 11-01-2010 | 12:49 PM
  #51373  
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Originally Posted by firstmob
Has anyone heard or know the status of the LGA slot swap appeal?
Just this about a week or so ago.

US Airways and Delta cite improved conditions for slot swap

Managements of US Airways and Delta believe recent deals at Washington National and New York LaGuardia enlarging low cost carrier access to those airports should tip regulatory favour towards their proposed slow swap at those airports.

In 2009 US Airways proposed transferring 125 of its Express slots at LaGuardia to Delta while Delta agreed to cede 42 slots pairs at National to US Airways.

Regulators told the carriers in order to move forward with the deal the divestiture of 14 slots at National and 20 slots at LaGuardia to incumbent or new entrant carriers was necessary. The government rejected a subsequent proposal from the carriers that entailed fewer divestitures.

Today during an earnings call US Airways executive vice president of corporate Steve Johnson said since DOT's rejection of the proposed deal, the dynamics have changed, and low cost carriers have secured more slots. JetBlue gained slots at National through an agreement with American, United and Continental agreed to transfer slots New York Newark slots to Southwest. Southwest through its proposed acquisition of AirTran receives key slots at National and LaGuardia.

"As a result of those deals slots have continued to evolve into the hands of lost carriers, and both greater New York and greater Washington have gotten less concentrated," says Johnson.

Citing similar comments made by Delta management during its earnings call, Johnson of US Airways states: "At Washington National there are now more slots in the hands of low cost carriers today than the number the DOT [US Department of Transportation] targeted with the required divestitures."

US Airways believes those changes have resulted in a "significantly different environment. One that should allow DOT to approve our slot deal without the divestitures, and that's the focus of our discussions and our work with DOT".

US Airways chief executive Doug Parker says that Southwest's intended acquisition of AirTran "acknowledges what many of us have been saying all along, which is, if indeed you want access to slot-controlled airports you should go acquire it".

Parker explains in the past Southwest and other carriers have argued they should be given slots at those airports. He believes Southwest now realises slots are assets that "are not something to be given, but something you go acquire".

As Delta and US Airways worked to get approval for their deal, Southwest argued the slot swap as anti-competitive, and argued any slot divestitures required should be conducted through a cash auction.
Old 11-01-2010 | 12:54 PM
  #51374  
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From: Permanently scarred
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Originally Posted by jughead
after 10 years and a couple thousand dollars of alpa pac support, i finally pulled the plug this morning. They obviously don't have the lobbying power they presume to, and apparently don't influence the politicans that might improve this career in any meaningful way.

Way too many disappointments in a very short amount of time to keep wasting what little disposable income i have left.
+1 ^^^^^^^^^^
Old 11-01-2010 | 01:31 PM
  #51375  
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From: 747-400 Captain
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Originally Posted by forgot to bid
Pardon this interruption. I know its only 5 in the afternoon, but I posted something on a different thread that requires I redeem myself on the only thread that matters.



Carry on.
Not enough!!! You'll need to do much better in order to even the score!

Carl
Old 11-01-2010 | 01:44 PM
  #51376  
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Originally Posted by Bucking Bar
Or just buy a new Windows 7 laptop for $350.

How do you Apple heads afford that stuff?

Newest Apple Launch
Simple- spouses have good jobs and not being saddled with kids or a mortgage helps.
Old 11-01-2010 | 01:44 PM
  #51377  
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From: 747-400 Captain
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Originally Posted by Scoop
Splash,

...why are they groping you? Maybe you have a weapon in your shorts?
Originally Posted by Splash
I do! I enjoy polishing it on layovers.
All right dude, that was hilarious. I would have thought of that response 2 weeks from now. Well played.

Carl
Old 11-01-2010 | 01:54 PM
  #51378  
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Originally Posted by forgot to bid
Just this about a week or so ago.

US Airways and Delta cite improved conditions for slot swap

Managements of US Airways and Delta believe recent deals at Washington National and New York LaGuardia enlarging low cost carrier access to those airports should tip regulatory favour towards their proposed slow swap at those airports.

In 2009 US Airways proposed transferring 125 of its Express slots at LaGuardia to Delta while Delta agreed to cede 42 slots pairs at National to US Airways.

Regulators told the carriers in order to move forward with the deal the divestiture of 14 slots at National and 20 slots at LaGuardia to incumbent or new entrant carriers was necessary. The government rejected a subsequent proposal from the carriers that entailed fewer divestitures.

Today during an earnings call US Airways executive vice president of corporate Steve Johnson said since DOT's rejection of the proposed deal, the dynamics have changed, and low cost carriers have secured more slots. JetBlue gained slots at National through an agreement with American, United and Continental agreed to transfer slots New York Newark slots to Southwest. Southwest through its proposed acquisition of AirTran receives key slots at National and LaGuardia.

"As a result of those deals slots have continued to evolve into the hands of lost carriers, and both greater New York and greater Washington have gotten less concentrated," says Johnson.

Citing similar comments made by Delta management during its earnings call, Johnson of US Airways states: "At Washington National there are now more slots in the hands of low cost carriers today than the number the DOT [US Department of Transportation] targeted with the required divestitures."

US Airways believes those changes have resulted in a "significantly different environment. One that should allow DOT to approve our slot deal without the divestitures, and that's the focus of our discussions and our work with DOT".

US Airways chief executive Doug Parker says that Southwest's intended acquisition of AirTran "acknowledges what many of us have been saying all along, which is, if indeed you want access to slot-controlled airports you should go acquire it".

Parker explains in the past Southwest and other carriers have argued they should be given slots at those airports. He believes Southwest now realises slots are assets that "are not something to be given, but something you go acquire".

As Delta and US Airways worked to get approval for their deal, Southwest argued the slot swap as anti-competitive, and argued any slot divestitures required should be conducted through a cash auction.
So no real news I guess, seems like the DOT is taking their time with this one.

I bet SWA-AAI merger gets approved before the DOT even comes out with a statement regarding this.
Old 11-01-2010 | 02:30 PM
  #51379  
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From: Urban chicken rancher.
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Hey Boyz

Nothing substantive at all to say...just checking in. Been flying my lily white arse off. Since FTB never gets out, somebody has to do it.

Any way, Buzz out.
Old 11-01-2010 | 02:42 PM
  #51380  
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From: Urban chicken rancher.
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FTB

Can you post an Anna Kournikova pic for me? I need a little pick me up.
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