Spirit Airlines to offload 22 slots at LaGuardia

Spirit Airlines will sell its slots at LaGuardia Airport in New York City. The company is in bankruptcy. Spirit has 22 slots at the airport. These slots will be auctioned on July 9. The highest bidder will win the auction.

Slots are important. They decide which airlines can fly from busy airports. They also control how many flights an airline can have. Spirit’s slots at LaGuardia are worth about $87 million. A court must approve the sale before the winning airline can use the slots. Spirit stopped operations on May 2.

A new airline could add up to 12 daily flights to LaGuardia by autumn. Many airlines want to buy the slots. Frontier Airlines is interested. Its CEO said they will look at Spirit’s assets carefully. American Airlines also wants to join the bidding.

Other airlines, like Delta and JetBlue, have increased flights in Spirit’s previous markets. The FAA wants to see a budget airline buy the slots. United Airlines does not plan to take part in the bidding. Lastly, Canada’s Porter Airlines may also join the auction. Spirit used Terminal A at LaGuardia. This terminal is currently closed for upgrades.

How much do you know?

How many slots does Spirit Airlines have at LaGuardia Airport?

10

22

30

50

When will the slots be auctioned?

June 15

July 1

July 9

August 5

What is the approximate worth of Spirit's slots at LaGuardia?

$50 million

$87 million

$100 million

$200 million

Which airline has shown interest in the auction besides Frontier Airlines?

American Airlines

JetBlue

Southwest Airlines

Alaska Airlines

Which airline is NOT planning to take part in the bidding?

Frontier Airlines

Delta

United Airlines

JetBlue

What will a new airline potentially add to LaGuardia by autumn?

5 daily flights

10 daily flights

12 daily flights

20 daily flights

Spirit Airlines is currently operating flights from LaGuardia Airport.

True False

A court must approve the sale of Spirit's slots before they can be used by the winning airline.

True False

Delta Airlines is interested in buying Spirit's slots.

True False

Spirit Airlines used Terminal A at LaGuardia, which is currently closed for upgrades.

True False

Frontier Airlines is the only airline interested in Spirit's slots.

True False

The FAA prefers a budget airline to buy the slots at LaGuardia.

True False

Spirit Airlines will sell its slots at LaGuardia Airport in New York City on 9.

Spirit Airlines has slots at LaGuardia Airport.

The slots at LaGuardia are worth about million.

Spirit stopped operations on 2.

The FAA wants to see a airline buy the slots.

Spirit used Terminal A at LaGuardia, which is currently closed for .

This question is required