Reuters first to report U.S. to award Newark flights to low-cost carrier to spur competition

Last Updated on 24/09/2021 by

Business & Finance

Reuters was first to report that the Biden administration would announce it plans to award 16 slots for flights at Newark International airport in New Jersey to a low-cost carrier to spur competition at the busy northeast U.S. airport. In a joint notice seen by Reuters, the Transportation Department and FAA said that without the reassignment of the slots, it was highly unlikely that there would be any significant reduction in air fares. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Aerospace & Defence

Regions: North America

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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