Spirit Airlines' slots at LaGuardia Airport (LGA) are about to go to the highest bidder.
The bankrupt discounter held 22 slots at the New York City airport, and those slots will go up on the auction block July 9, Spirit's estate told a bankruptcy court on Thursday. The winner will be the bidder with the "highest and otherwise best" offer.
Slots determine which airlines get to fly from certain capacity-controlled airports, how often they get to fly and sometimes which destinations they serve.
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