Originally Posted by
cwe84
Unfortunately we still own the slots... Thats why the DOT has been so hesitant to give RAH any new slots...
I don't believe this is correct. See this 10-K from March:
http://phx.corporate-ir.net/phoenix....L3BhZ2UvNzQ%3d
Under section 7, it says:
The Company had airport commuter slots and had assigned the right of use for these commuter slots to US Airways. On December 20, 2011, US Airways repurchased the Ronald Reagan Washington National Airport ("DCA") commuter slots for $47.5 million and a gain on sale of assets was recognized of $2.3 million.
Furthermore, I'm pretty sure RJET has several former YX slots that aren't being used. It was rumored they may have sold them at some point, but I don't see why they would want to sit on them.