Port Authority

Cranky Weekly Review presented by Oakland San Francisco Bay Airport: Spirit Wins in Court, Sydney's New Airport is Nearly Ready

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."...