Selling grandfather: an analysis of the latest EU proposals on slot trading |
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| Institution: | 1. Dr Romano Pagliari is a Research Officer in Air Transport Group (CoA) at Cranfield University. Building 115 Cranfield University Wharley End Cranfield Beds MK43 OAL, UK Tel.: +44 1234 754231 Fax: +44 1234 752207;1. CITTA, Department of Civil Engineering, University of Coimbra, Portugal;2. Heinz College, Carnegie Mellon University, United States;3. Operations Research Center, Massachusetts Institute of Technology, United States;1. DTU Management, Transport DTU, Technical University of Denmark, Kgs. Lyngby, Denmark;2. Lancaster University Management School, Centre for Transport and Logistics (CENTRAL), Department of Management Science, Lancaster, United Kingdom;1. Transport Studies Unit, Oxford University, Oxford OX1 3QY, UK;2. School of Planning and Geography, Cardiff University, Glamorgan Building, King Edward VII Avenue, Cardiff CF10 3WA, UK |
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| Abstract: | In July 2000, the European Commission issued a consultation paper based on draft proposals to revise the 1993 regulation on airport slot allocation. This long awaited document was the culmination of seven years of thinking within the Commission as to how best to improve the current system of slot allocation at capacity constrained airports within the European Union. One of the proposals contained in the consultation paper involves allowing airlines to buy and sell slots. The aim of this paper is to highlight and address some of the key issues involved. |
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