Delta, US Airways Announce New Agreement to Transfer Flying Rights in New York and Washington, D.C.

Delta Air Lines

and US Airways

today announced a new agreement to transfer takeoff and landing rights at New York's LaGuardia and Washington D.C.'s Reagan National airports. The agreement, filed today with the Federal Aviation Administration (

), revises a 2009 transaction agreed between Delta and US Airways and approved by the DOT, but under terms not acceptable to the carriers, and never completed. The new agreement enables Delta and US Airways to expand service and increase competition at two of the nation's key cities, and provides the opportunity for additional access to LaGuardia and Reagan National for new entrants and airlines with a limited presence at the airports.