U.S. to award Newark flights to low-cost carrier to spur competition

The Biden administration will announce on Thursday it plans to award 16 slots for flights at Newark International airport in New Jersey to a low-cost carrier to spur competition at the busy northeast U.S. airport, documents seen by Reuters show. The U.S. Justice Department had urged transportation officials to decline to retire the 16 Newark slots and instead make them available in order to spur competition, according to a source familiar with the matter. Separately, the Federal Aviation… (www.yahoo.com) More...