FAA Wants Budget Airline to Replace Spirit at LaGuardia
FAA Wants Budget Airline to Replace Spirit at LaGuardia
FAA Administrator Bryan Bedford said Wednesday that he would like to see another budget airline fill the void at LaGuardia left by Spirit's collapse. Other airlines have been eyeing Spirit's takeoff and landing rights at the busy New York airport, which could be worth nearly $87 million, according to an April bankruptcy filing.
Regulators' Concerns
Bedford said regulators do not want to see an entrenched carrier take those slots and increase its market power at LaGuardia. If a discounter is unable to pick them up, the other option would be to retire the slots to help ease congestion.
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