US Airways reviews slot swap consent order

Washington DC
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US Airways management has informed staff that it is examining the consent order from the US Department of Transportation (DOT) requiring slot divestitures in its slot transfer deal with Delta Air Lines.

DOT on 11 October formally approved the transfer of 132 slots pairs by US Airways to Delta at New York LaGuardia airport and the hand-over by Delta of 42 slot pairs to US Airways at Washington National airport.

As part of its approval DOT is requiring that the carriers divest 16 slot pairs at LaGuardia and eight at National to airlines with limited or no service at the airports.

"We are studying the consent order issued by the DOT," US Airways stated in a regular employee update.

The US Department of Justice is also reviewing the deal, with particular scrutiny over how competition at National would be affected once US Airways gains the additional slot pairs and grows its presence at the airport.

Based on DOT data US Airways is currently the largest carrier at National in terms of market share with 21%. Delta is second with a 14% share.