The Allocation of Landing Rights by Unanimity Among Competitors

Abstract

During the late 1960's, air congestion often involving long delays or "stacks" was common at major airports. The right to land and take off was allocated on a first-come, first-served basis with little coordination among scheduled carriers. Since 1968, the four major airports in the United States, La Guardia, Washington National, John F. Kennedy International, and O'Hare International, have been operating under a Federal Aviation Administration (FAA) high-density ruling which limits the number of slots (takeoffs and landings per hour) at each of these airports.

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