Tuesday, May 31, 2011
A new European Commission study on slot allocations at European Union airports has found that an additional 28 million passengers per year could use EU airports if slots were distributed more efficiently. See EU Commission: Airports Must Improve Airline Slots, BBC News, May 31, 2011 (available here). The report calls on EU airports to rely on secondary trading of slots in order to help ensure that they are acquired by airlines which place the highest value on the slots. In other words, air carriers should be free to sell and/or swap slots among one another without interference or penalties from regulators.
Blog readers interested in learning more about EU slot guidelines and suggestions for improvement may want to download Gabriel S. Sanchez's article, Toward Comprehensive Slot Rule Reform in the EU, 9 Issues in Aviation L. & Pol'y 88 (2009) (available from SSRN here).