Delta Swoops In For A Landing
VALUJET THOUGHT IT HAD A deal to lease 10 landing slots from TWA at New York's LaGuardia Airport for $480,000 a year. But on Nov. 2, Delta swooped in and outbid the smaller carrier. ValuJet has sued on antitrust grounds, saying the bigger airlines wanted to keep it from challenging Delta's New York-Atlanta dominance and its lucrative Boston-New York shuttle routes. TWA and Delta deny any shenanigans. But in depositions, they admitted TWA never gave ValuJet a shot at a counteroffer, and Delta bid within hours when it learned ValuJet had a deal.
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