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Auctions for slots at NY area airports canceled
Transportation chief says agency serious about tackling congestion problem
The Transportation Department said Wednesday it will cancel its proposal for "slot auctions" at New York City airports, following strong backlash from airlines and industry groups.
The auctions were part of a plan to reduce congestion at the New York metro area's three major airports -- Kennedy Airport, LaGuardia and Newark. Airlines were to bid for take off and landing times. But because...
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