91 slots at Newark airport among those to be auctioned off

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

 



BY RAJU CHE=

91 slots at Newark airport among those to be auctioned off=0A=0ABY RAJU CHE=
BIUM=0AGANNETT NEWS SERVICE=0AThe Bush administration said today it would p=
roceed with limited auctions of takeoff and landing slots at John F. Kenned=
y and LaGuardia airports in New York and Liberty International in Newark, N=
.J.=0AThe decision comes though Congress' investigative arm, the Government=
 Accountability Office, says the auctions are illegal. New York and New Jer=
sey senators also oppose the auctioning plan, as does the Port Authority of=
 New York & New Jersey, which owns the three airports. Philadelphia's airpo=
rt isn't part of the auctioning plan. =0A=0AThe Department of Transportatio=
n's general counsel, D.J. Gribbin, told reporters this morning the executiv=
e branch isn't bound by the GAO's opinion. He echoed his sentiments of his =
boss, Transportation Secretary Mary Peters, that auctioning would foster co=
mpetition, lower prices and ease congestion in the skies over New York and =
New Jersey. =0A=0AOver the next five years, the administration plans to auc=
tion off 293 takeoff and landing slots at the three airports - 113 at LaGua=
rdia, 89 at JFK and 91 at Newark. The first batch of slots would be auction=
ed off Jan. 12, eight days before President Bush leaves office.=0A=0AThe ai=
rline industry said it will go to court to block the auctions. =0A=0AUnder =
final federal rules announced today, airlines operating at the three airpor=
ts would own most of the slots they now use over the next 10 years. Airline=
s would keep 998 slots in LaGuardia, 1,035 slots at JFK and 1,154 slots at =
Newark, the Transportation Department said. =0A=0AThe auctions could raise =
$50 million for each of the three airports over the next five years, Gribbi=
n said, cautioning that's only a rough estimate. The money would be used to=
 improve the airports and take other steps to relieve congestion, though de=
tails haven=A2t been finalized yet.

<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

If you wish to unsubscribe from the AIRLINE List, please send an E-mail to:
"listserv@xxxxxxxxxxxxxxxxx".  Within the body of the text, only write the following:"SIGNOFF AIRLINE".

[Index of Archives]         [NTSB]     [NASA KSC]     [Yosemite]     [Steve's Art]     [Deep Creek Hot Springs]     [NTSB]     [STB]     [Share Photos]     [Yosemite Campsites]