Secretary Mary Peters Grants $89M to JFK Capacity Improvements, Releases Rules to Improve Service, Keep Fares Competitive at NY’s Airports

“The best way to cut record airline delays nationwide is to expand the limited capacity at New York’s airports,” Secretary Peters said. “Building new taxiways or adding new runways takes time, though, which is why we’re also putting in place measures to cut delays and keep service vibrant over the short term.”

She said that until the capacity improvements can come on line, the Department has limited the number of flights that could operate in a given hour at JFK and Newark airports. Combined with existing “caps” at LaGuardia airport, the Secretary said that service at the airport was at risk of stagnating since other competitors are locked out of the market.

In order to mitigate this risk, the Secretary also announced final rules to auction a limited number of landing and take-off “slots” at each of the region’s three airports.

“Without slot auctions, a small number of airlines will profit while travelers bear the brunt of higher fares, fewer choices and deteriorating service,” the Secretary said. “Slot auctions, meanwhile, will keep flights to New York affordable, available and vibrant while giving all airlines an opportunity to compete in one of the world’s most popular aviation markets.”

- Press Release: U.S. Transportation Secretary Mary E. Peters Announces $89 Million Commitment to Capacity Improvements at JFK International Airport, Releases Final Rules to Improve Service, Keep Fares Competitive at New York’s 3 Capped Airports (10/9/2008)

- JFK/Newark Final Rule

- LGA Final Rule

- What They're Saying:Why Slot Auctions Are the Right Solution for Keeping Fares Competitive and Service Vibrant in New York