Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Tuesday January 11, @07:32PM   Printer-friendly
from the use-it-or-lose-it dept.

Report: Lufthansa Group Confirmed That 18,000 Flights Had Been Flown Empty To Keep Airport Slots - Airlive:

[...] Under these "use it or lose it" regulations, prior to the pandemic carriers had to utilise at least 80pc of their scheduled take-off and landing slots.

This was revised to 50pc as coronavirus saw travel become increasingly difficult – but airlines are still struggling to hit this target.

As a result of Lufthansa Group's latest figures, the Belgian federal government has written to the European Commission, calling for a change to the rules on maintaining slots.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by legont on Tuesday January 11, @11:12PM (1 child)

    by legont (4179) on Tuesday January 11, @11:12PM (#1211960)

    If it just comes down to money, hedge funds could "invest" by buying slots outright for the foreseeable future. Requiring actual flight operations greatly reduces feasibility of such an attack.

    --
    "Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 1) by khallow on Wednesday January 12, @03:19AM

    by khallow (3766) Subscriber Badge on Wednesday January 12, @03:19AM (#1212014) Journal

    If it just comes down to money, hedge funds could "invest" by buying slots outright for the foreseeable future.

    There's an unpopular word for that, "scalpers".