Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
Airlines may soon stop flying near-empty 'ghost flights' thanks to a potential European Commission rule change
Airlines may soon stop flying near-empty 'ghost flights' thanks to a potential European Commission rule change
Mar 10, 2020, 21:46 IST
Even before the COVID-19 crisis hit Europe, so-called ghost flights have been used by airlines as placeholders in valuable slots.
Advertisement
Slots at London's primary international gateway can sell for as high as $75 million as seen with KLM Royal Dutch Airline's sale of a single slot to Oman Air in 2016.