NACA Applauds Newark Slot Reallocation Proposal
In response to the Federal Register Notice “Reassignment of Schedules at Newark-Liberty International Airport,” NACA President and CEO George Novak issued the following statement:
NACA commends the U.S. Departments of Transportation and Justice for furthering President Biden’s recent Executive Order “Promoting Competition in the American Economy,” by proposing to reassign 16 peak-time slots at Newark Liberty International Airport to a low-cost or ultra-low-cost carrier (ULCC). The current allocations at the three major New York regional airports are largely held by high-cost network carriers, resulting in some of the highest air fares in the nation for passengers in the New York metropolitan area. This proposal is a significant win for consumers, enhancing competition and lowering fares.
We look forward to working with the Administration to bring these benefits to other concentrated markets, resulting in lower airfares and additional air services to millions of Americans.