Common use of Concluding Remarks Clause in Contracts

Concluding Remarks. At first glance, the new entrant rule appears to make congested airports more accessible for smaller competitors. Nonetheless, this favorable scenario depends in its entirety on the effective availability of slots to accord new entrant priority to.1142 Even where slots are available, it appears that the specific characteristics of the new entrant rule have reduced the ability of airlines with limited or modest slot holdings to effectively compete with larger airlines. Instead of spiking competitive entry, the new entrant rule may instead result in fragmented slot allocation outcomes to the benefit of the position of incumbent carriers.1143 Nonetheless, the specificities of the new entrant rule have not stopped the substantial overall growth of LCCs in the air transport market, which has occurred largely without assistance of the new entrant rule. Many LCCs have entered the market by other means. They have developed operations at secondary airports and have acquired slots through the secondary market, where applicable, which is subject to discussion in the next section.