A slot shortage at London Heathrow is likely to be a major obstacle for years to come as airlines try to exploit liberalized traffic rights between Europe and the U.S. while expanding long-haul operations at the critical hub. Although British Airways, Air France, Delta Air Lines and Continental Airlines have already moved to bolster their Heathrow operations this summer—as a result of the U.S.-European Union open skies agreement—several carriers, for now, remain on the sidelines. But ...


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