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Old 18th Aug 2009, 21:11
  #2112 (permalink)  
Economics101
 
Join Date: Aug 2007
Location: Ireland
Posts: 87
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About the Heathrow slots: they were worth a lot of money 2 or 3 years ago (apparently). Surely their economic value has fallen drastically with recent falls in demand for air travel = fall in demand for slots. Given that the supply is fixed that means the adjustment is all on the price side (economics 101 really!)
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