The highest price paid for a pair of take-off and landing slots at Heathrow Airport was $75m, paid by Oman Air to Air France–KLM for a prized early morning arrival, reported in February 2016. A year before, American Airlines paid $60m to Scandinavian Airlines.
vv701 wrote:So we can deduce that 374 weekly slots, equivalent to 187 weekly slot pairs or approaching an average of 27 daily slot pairs have been awarded free of charge by the slot coordinator to operators. Note here that 50 per cent of such slot pairs must be first offered to new comers to LHR.
kitplane01 wrote:vv701 wrote:So we can deduce that 374 weekly slots, equivalent to 187 weekly slot pairs or approaching an average of 27 daily slot pairs have been awarded free of charge by the slot coordinator to operators. Note here that 50 per cent of such slot pairs must be first offered to new comers to LHR.
First, awesome fact filled post.
Second, why the h*ll don't they auction them off, instead of give them away? Is the Airport operator and/or British Government afraid to take money?
Auctioning them would make sure they go to the most profitable use, and money is always nice to have. Only government rules require that one give away thing worth many million of pounds!!!
It would also be reasonable if the auction provided that British Airways did not buy too many, for competitive reasons.
vv701 wrote:Heathrow Airport Holdings Ltd (HAHL) is not owned by the British government so clearly they could not sell LHR slots. ...
However everything that HAHL charges the airlines requires the approval of the British government's Civil Aviation Authority (CAA).
... and lots more interesting details
Andy33 wrote:Note the bit in vv701's post about new entrants. It is very much in the interest of the airport operator and the UK government to encourage additional airlines to come to LHR. This often creates non-stop service to cities, or entire countries, where there was none before. It's unlikely that startup airlines, or those based in third world countries, could justify the capital expenditure on buying a slot at auction. Otherwise you just end up with an oligarchy of airlines adding hub frequencies.
Military Aircraft Every type from fighters to helicopters from air forces around the globe
Classic Airliners Props and jets from the good old days
Flight Decks Views from inside the cockpit
Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior
Cargo Aircraft Pictures of great freighter aircraft
Government Aircraft Aircraft flying government officials
Helicopters Our large helicopter section. Both military and civil versions
Blimps / Airships Everything from the Goodyear blimp to the Zeppelin
Night Photos Beautiful shots taken while the sun is below the horizon
Accidents Accident, incident and crash related photos
Air to Air Photos taken by airborne photographers of airborne aircraft
Special Paint Schemes Aircraft painted in beautiful and original liveries
Airport Overviews Airport overviews from the air or ground
Tails and Winglets Tail and Winglet closeups with beautiful airline logos