Airport Slots

Spirit Air wins legal battle to sell LGA slots; Sydney's new airport nears operational readiness

Spirit, Port Authority Spar over LGA Slots Spirit's planned sale of its slots at New York/LGA to raise capital and pay off some creditors has hit a roadblock as the Port Authority of NY and NJ told a U.S. bankruptcy court that "slots themselves are not 'fungible and transferable' without its explicit permission and consent."...