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The Port Authority charges ai The Port Authority charges airlines landing fees based on aircraft weight. The fees are on average of $6 per passenger

The Port Authority charges ai The Port Authority charges airlines landing fees based on aircraft weight. The fees are on average of $6 per passenger and do not vary with the time of day. During peak hours, the demand for takeoffs and landings at Newark exceeds capacity. FAA presented a 10-year plan limiting scheduled takeoffs and landings to 81 per hour and establishing an auction for landing and takeoff slots. However, the Port Authority, major airlines resisted the FAA plan. FAA abandoned the plan and sought other ways to relieve congestion at Newark. 3.Do you think that the allocation of slots based on auction can be more economically efficient? Explain why. rlines landing fees based on aircraft weight. The fees are on average of $6 per passenger and do not vary with the time of day. During peak hours, the demand for takeoffs and landings at Newark exceeds capacity. FAA presented a 10-year plan limiting scheduled takeoffs and landings to 81 per hour and establishing an auction for landing and takeoff slots. However, the Port Authority, major airlines resisted the FAA plan. FAA abandoned the plan and sought other ways to

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