http://www.continental.com/vendors/d...59&s=&i=PRNews
If you look at this quote from the news release above.
"Airlines like Continental must be given slots at Heathrow to stem the tide of British Airways' domination."
You can see that the American Carriers' arguments are totally irrational, how would Continental feel if BA released a statement saying that an American carrier at an American airport mustn't be the dominant airline and should yield power to a foreign airline.
Heathrow is a British airport, it will always be dominanted by a British airline, just as much as Continental has the right to be the dominate airline at EWR and IAH.
I think CO, NW and DL should have the rights to fly to Heathrow but the British Government should insure that BA does not have to yield the slots to them.