High Court rules that administrators have no claim to airline's slots

IATA has supported the London High Court’s ruling that KPMG—administrators of the now-defunct Monarch Airlines—is not entitled to sell the airline’s airport slots.

In a statement IATA emphasized that, as slots are a permission to use scarce airport capacity, they should only be allocated to airlines with the intention and ability to operate.

IATA added that if the High Court had decided KPMG had the right to sell slots, it would have set a “deeply concerning precedent” for the aviation industry.

Top