Alaska Airlines Group has received approval from the Department of Justice (DOT) for an agreement with Southwest Airlines. Southwest will lease 12 “within perimeter slots” at New York LaGuardia Airport (LGA) and and eight “within perimeter” slots at Washington Reagan National Airport (DCA).
The lease, which commences in October 2018, will enable Alaska Airlines to monetize the valuable slots, while Alaska reallocates its flying from DCA and LGA to Dallas Love Field, to more strategic and profitable opportunities on the West Coast.
This slot lease runs through 2028, at which point Alaska will have the right to reassume flying using these valuable slots from LGA and DCA.
This new agreement will allow Southwest Airlines to expand operations at both LGA and DCA.
Copyright Photo: Southwest Airlines Boeing 737-8 MAX 8 N8712L (msn 36930) FLL (Andy Cripps). Image: 941462.
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