Slot Trade definition

Slot Trade means a single Delta takeoff or landing Slot being traded for a single US Airways takeoff or landing Slot. Each Slot will allow for up to seven (7) operations per week.
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Slot Trade means a temporary "swap" of operating authority with respect to an Acquired Slot in exchange for operating authority with respect to another Slot, to accommodate seasonal schedule changes, or a temporary "slide" transaction with the FAA with respect to an Acquired Slot, in each case provided that (i) such transaction (x) is entered into in the Ordinary Course Of Business in accordance with standard airline industry practice, (y) has a Remaining Term of no longer than six (6) months, and (ii) the terms of such transaction are such that operating authority with respect to such Acquired Slot automatically reverts to the Company at the end of such Remaining Term.
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Related to Slot Trade

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