Landing slot

A landing slot, takeoff slot, or airport slot is a right granted by an airport owner which allows the slot holder to schedule a landing or departure during a specific time period.

Landing slots are allocated in accordance with guidelines set down by the IATA's Worldwide Airport Slots Group. All airports worldwide are categorized as either Level 1 (Non-Coordinated Airport), Level 2 (Schedules Facilitated Airport), or Level 3 (Coordinated Airport).

Allocated landing slots may have a commercial value and can be traded between airlines. Continental Airlines paid $209 million for four pairs of landing slots from GB Airways at London Heathrow Airport, $52.3m each.[1] The highest price paid for a Heathrow Airport pair of take-off and landing slot was Oman Air paying $75m from Air France–KLM, including a prized early morning arrival, reported in February 2016. A year before, American Airlines paid $60m from Scandinavian Airlines.[2]

If an airline doesn't use an allocation of slots (typically 80% usage over six months) then it can lose the rights. Airlines may operate ghost or empty flights to preserve slot allocations.[3]

Level 3 Coordinated Airports

Australia

Austria

Bangladesh

Belgium

Brazil

Cambodia

Canada

Mainland China

Hong Kong

Czech Republic

Denmark

Finland

France

Germany

Ghana

Iceland

India

Indonesia

Iran

Ireland

Israel

Italy

Japan

Serbia/Kosovo

Malaysia

Mauritius

Mexico

Netherlands

New Zealand

Norway

Pakistan

Philippines

Portugal

Russia

Singapore

South Africa

South Korea

Spain

Sri Lanka

Sweden

Switzerland

Taiwan

Thailand

Turkey

Ukraine

United Kingdom

United States

No Level 3 designation, but nevertheless slot controlled:

[4][5] [6]

Vietnam

Notes and references

Notes:

  1. ↑ Kosovo is the subject of a territorial dispute between the Republic of Kosovo and the Republic of Serbia. The Republic of Kosovo unilaterally declared independence on 17 February 2008, but Serbia continues to claim it as part of its own sovereign territory. The two governments began to normalise relations in 2013, as part of the Brussels Agreement. Kosovo has been recognised as an independent state by 108 out of 193 United Nations member states.

References:

  1. ↑ "Continental pays Heathrow record". Financial Times. March 3, 2008.
  2. ↑ "Oman breaks Heathrow record with deal for slots". The Sunday Times. 14 February 2016.
  3. ↑ Green anger at 'ghost flights'
  4. ↑ bloomberg.com - AMR-US Airways Deal Opposed by U.S. in Antitrust Suit
  5. ↑ "Airport Reservation Office". Federal Aviation Administration (FAA).
  6. ↑ Rfererence material and updated list of coordinated airports - IATA Worldwide Scheduling Guidelines
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