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