Slot
In aviation, a slot is a specific time period allocated to an airline for the arrival or departure of their aircraft at an airport. Slots are assigned by airport coordinators to manage the flow of air traffic and prevent congestion. They are typically allocated based on historical usage, with airlines that have operated at the airport for a longer period of time having priority over new entrants. Slots can be traded or leased between airlines, allowing them to adjust their schedules and optimize their operations. However, slot trading is subject to regulations and restrictions in some countries to prevent anti-competitive behavior.
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