Slots
In aviation, slots refer to the specific time period allocated to an airline for the arrival or departure of their aircraft at an airport. These slots are assigned by the airport coordinator and are based on the availability of the airport's runway and terminal resources. Slots are essential for airlines to operate their flights on time and efficiently, as they help to manage the flow of air traffic and prevent congestion at the airport. Airlines must apply for slots in advance and may trade or sell them to other airlines if they are not needed. Failure to use a slot may result in the loss of that slot for future use.
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