Airport slot trading launched

AIRPORT COORDINATION LTD (ACL) is to help airlines wishing to buy, sell, lease and swap landing slots with a product called “SlotTrade”.  ACL is an independent schedule coordination company and international aviation consultancy business based in the UK.  Its owners are British Airways, bmi, EasyJet, Flybe, Jet2, Monarch Airlines, Thomas Cook Airlines, Thomson Airways and Virgin Atlantic Airways.  SlotTrade is aimed at making the previous grey market in airport slots more open, efficient and transparent via its website.  This is increasingly important at airports with limited capacity.  Slot trading was essential to the implementation of the EU-US Open Skies agreement in 2008, when US carriers like Continental and US Airways were able to quickly start Heathrow services using slots acquired from incumbent airlines.  Previously larger carriers gobbled up smaller ones, BA buying Brymon and taking over its Heathrow landings an example. www.slottrade.aero

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