Southwest Airlines acquires slots at New York's LaGuardia Airport

Southwest Airlines has acquired 12 takeoff and landing slots (for six roundtrip flights) at New York’s LaGuardia Airport being divested by American Airlines as part of its merger with US Airways. In addition, Southwest gained permanent control of 10 takeoff and landing slots (for five roundtrip flights) that it currently operates under a lease from American. Details of the transactions are confidential. Southwest plans to begin its new service at LGA in May 2014.