Meaning of slot pair | Babel Free

Definitions

The commercial rights for an airline to take off and land planes at a particular airport at a particular time.

Examples

“Qantas 'bought' or acquired (outright purchases may well be illegal) two slot pairs for over USD 1 5 million per slot pair.”

“The airport was already full, which meant that any airline wanting to start Heathrow service had to find an airline willing to sell gate rights or, more accurately, slot pairs.”

“In 2010 it was estimated that at Heathrow Airport, over 400 weekly slots were being traded and that the value of a slot pair was £30–40 million for pre-0900 arrivals and £10 million for 0900–1300 arrivals (Steer Davies Gleave, 2011).”

“Therefore, the air carrier is willing to pay a fee for the slot pair as long as the fee plus the opportunity cost of the investment are not higher than the expected profit for a given route.”

CEFR level