Whenever the Office of the Secretary of Transportation determines that
slots are needed for operations to or from a High Density Traffic Airport
under the Department of Transportation's Essential Air Service (EAS)
Program, those slots shall be provided to the designated air carrier or
commuter operator subject to the following limitations:
(a) Slots obtained under this section may not be bought, sold, leased
or otherwise transferred, except that such slots may be traded for other
slots on a one-for-one basis at the same airport.
(b) Any slot obtained under this section must be returned to the FAA if
it will not be used for EAS purposes for more than a 2-week period. A slot
returned under this paragraph may be reallocated to the operator which
returned it upon request to the FAA office specified in §93.221(a)(1) if
that slot has not been reallocated to an operator to provide substitute
essential air service.
(c) Slots shall be allocated for EAS purposes in a time period within
90 minutes of the time period requested.
(d) The Department will not honor requests for slots for EAS purposes
to a point if the requesting carrier has previously traded away or sold
slots it had used or obtained for use in providing essential air service
to that point.
(e) Slots obtained under Civil Aeronautics Board Order No. 84-11-40
shall be considered to have been obtained under this section.