Delta, US Air Ask FAA for More Time to Consider Slot Swap

Dow Jones Newswires:

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Delta, US Airways Ask Regulators For More Time On Airport Pact
JUNE 7, 2010, 12:47 A.M. ET

Delta Air Lines Inc. (DAL) and US Airways Group Inc. (LCC) have asked regulators for extra time to decide whether to carry on with a planned asset-swap at two of the country's busiest airports following a demand that they surrender some takeoff and landing slots to rivals.

The airlines have asked the Federal Aviation Administration to extend its deadline for them to pursue the planned deal until July 2, according to a joint letter sent to officials June 3 and disclosed in a regulatory filing.

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