FAA Wants To Centrally Plan Airline Competition — Starting With Spirit’s $87 Million LaGuardia Slots

The FAA says Spirit’s valuable LaGuardia slots should go to a low-cost airline or be retired entirely, not simply sold to whoever values them most. That is the same central-planning impulse airline regulators keep falling into: trying to engineer competition from Washington instead of using prices to allocate scarce airport capacity and letting airlines prove which business models actually work.