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A landing slot, takeoff slot, or airport slot is a permission granted by the owner of an airport designated as Level 3 (Coordinated Airport), which allows the grantee to schedule a landing or departure at that airport during a specific time period.^[1]

• Slots What Does It Mean Now

Landing slots are allocated in accordance with guidelines set down by the IATA's Worldwide Airport Slots Group. All airports worldwide are categorized as either Level 1 (Non-Coordinated Airport), Level 2 (Schedules Facilitated Airport), or Level 3 (Coordinated Airport).

As of summer 2017, a total of 123 airports in the world are Level 2 airports, and 177 are Level 3 airports.^[2]

Allocated landing slots may have a commercial value and can be traded between airlines. Continental Airlines paid $209 million for four pairs of landing slots from GB Airways at London Heathrow Airport, $52.3m each.^[3] The highest price paid for a pair of take-off and landing slots at Heathrow Airport was $75m, paid by Oman Air to Air France–KLM for a prized early morning arrival, reported in February 2016. A year before, American Airlines paid $60m to Scandinavian Airlines.^[4]

Definition of SLOT in the Definitions.net dictionary. Meaning of SLOT. What does SLOT mean? Information and translations of SLOT in the most comprehensive dictionary definitions resource on. Quel est la couleur la plus forte au poker. Slot definition is - a narrow opening or groove: slit, notch. How to use slot in a sentence.

As demand exceeds supply, slot trading became the main solution to enter Heathrow and transfers grew from 42 in 2000 to 526 in 2012 and over 10 years the average priced slot increased prices by £4 per passenger.^[6]

If an airline does not use an allocation of slots (typically 80% usage over six months), it can lose the rights. Airlines may operate ghost or empty flights to preserve slot allocations.^[7]

Level 3 coordinated airports^[2][edit]

Australia[edit]

Austria[edit]

• Innsbruck Airport (winter season only)

Belgium[edit]

Brazil[edit]

Cambodia[edit]

Canada[edit]

Cape Verde[edit]

Colombia[edit]

Cuba[edit]

China[edit]

Czech Republic[edit]

Slots What Does It Mean Now

Denmark[edit]

Finland[edit]

France[edit]

Germany[edit]

Ghana[edit]

• Kotoka International Airport - Accra

Greece[edit]

• Chania Airport (summer season only)
• Chios Airport (summer season only)
• Corfu Airport (summer season only)
• Heraklion Airport (summer season only)
• Kalamata Airport (summer season only)
• Karpathos Island National Airport (summer season only)
• Kavala Airport (summer season only)
• Kephalonia International Airport (summer season only)
• Kithira Airport (summer season only)
• Kos Airport (summer season only)
• Mykonos Airport (summer season only)
• Mytilene Airport (summer season only)
• Patras Airport (summer season only)
• Preveza Airport (summer season only)
• Rhodes Airport (summer season only)
• Samos Airport (summer season only)
• Sitia Public Airport (summer season only)
• Skiathos Airport (summer season only)
• Thira Airport (summer season only)
• Volos Airport (summer season only)
• Zakynthos International Airport (summer season only)

Greenland[edit]

Hong Kong[edit]

Iceland[edit]

India[edit]

• Chhatrapati Shivaji International Airport - Mumbai
• Indira Gandhi International Airport - Delhi
• Chennai International Airport - Chennai
• Rajiv Gandhi International Airport - Hyderabad
• Kempegowda International Airport - Bangalore

Indonesia[edit]

• Ngurah Rai International Airport - Denpasar
• Soekarno-Hatta International Airport - Jakarta

Ireland[edit]

Israel[edit]

Italy[edit]

• Lampedusa Airport (summer season only)
• Linate Airport - Milan
• Malpensa Airport - Milan
• Orio al Serio Airport - Milan
• Olbia Costa Smeralda Airport (summer season only)
• Pantelleria Airport (summer season only)
• Ciampino Airport - Rome
• Fiumicino Airport - Rome

Japan[edit]

Malaysia[edit]

Mauritius[edit]

• Sir Seewoosagur Ramgoolam International Airport - Mauritius

Mexico[edit]

Morocco[edit]

Netherlands[edit]

New Zealand[edit]

Norway[edit]

Pakistan[edit]

Philippines[edit]

Poland[edit]

Portugal[edit]

• Faro Airport (summer season only)

Russia[edit]

• Sheremetyevo Airport - Moscow
• Vnukovo International Airport - Moscow

Saudi Arabia[edit]

Singapore[edit]

South Africa[edit]

• King Shaka International Airport - Durban
• OR Tambo International Airport - Johannesburg

South Korea[edit]

Spain[edit]

• Ibiza Airport (summer season only)
• Menorca Airport (summer season only)

Sri Lanka[edit]

Sweden[edit]

Switzerland[edit]

Taiwan[edit]

Thailand[edit]

• Suvarnabhumi Airport - Bangkok
• Don Mueang International Airport - Bangkok

Tunisia[edit]

Turkey[edit]

• Antalya Airport - Antalya (summer season only)

Ukraine[edit]

• Boryspil International Airport - Kiev

United Arab Emirates[edit]

United Kingdom[edit]

United States[edit]

• John F. Kennedy International Airport - New York City
• LaGuardia Airport (not on IATA list, but slot controlled)^[8]
• Ronald Reagan Washington National Airport - Washington, D.C. (not on IATA list, but slot controlled)^[8]

Vietnam[edit]

• Noi Bai International Airport - Hanoi
• Tan Son Nhat International Airport - Ho Chi Minh City

References[edit]

1. ^'Worldwide Slot Guidelines, 9th Edition English Version'(PDF). IATA. 1 January 2019. p. 14.
2. ^ ^ab'List of all Level 2 and Level 3 airports'. iata.org. 29 May 2018.
3. ^'Continental pays Heathrow record'. Financial Times. March 3, 2008.
4. ^'Oman breaks Heathrow record with deal for slots'. The Sunday Times. 14 February 2016.
5. ^'Heathrow Airport's slot machine: hitting the jackpot again?'. CAPA centre for aviation. 8 May 2013.
6. ^'Heathrow Airport: An introduction to Secondary Slot Trading'(PDF). Airport Coordination Limited. 30 September 2012. Archived from the original(PDF) on 4 March 2016.
7. ^Green anger at 'ghost flights'
8. ^ ^ab'Airport Reservation Office'. Federal Aviation Administration (FAA).

Remember the movie National Lampoon’s Vegas Vacation, when gambling fever consumes Chevy Chase’s character, Clark W. Griswold? He goes on a losing streak to beat all losing streaks while his son, Rusty, wins four cars by playing the slot machines. Maybe Clark would have done better if he had read Probability For Dummies! In this article, you discover the basic ideas behind slot machines and how they work, so that you can get past the myths and develop a strategy based on sound probability.

Understanding average payout

When casinos advertise that their slot machines pay out an average of 90 percent, the fine print they don’t want you to read says that you lose 10 cents from each dollar you put into the machines in the long term. (In probability terms, this advertisement means that your expected winnings are minus 10 cents on every dollar you spend every time the money goes through the machines.)

Suppose you start with $100 and bet a dollar at a time, for example. After inserting all $100 into the slot, 100 pulls later you’ll end up on average with $90, because you lose 10 percent of your money. If you run the $90 back through the machine, you’ll end up with 90 percent of it back, which is 0.90 x 90 = $81. If you run that amount through in 81 pulls, you’ll have $72.90 afterward (0.90 x 81 = 72.90). If you keep going for 44 rounds, on average, the money will be gone, unless you have the luck of Rusty Griswold!

How many pulls on the machine does your $100 give you at this rate? Each time you have less money to run through the machine, so you have fewer pulls left. If you insert $1 at a time, you can expect 972 total pulls in the long term with these average payouts (that’s the total pulls in 44 rounds). But keep in mind that casinos are designing slot machines to go faster and faster between spins. Some are even doing away with the handles and tokens by using digital readouts on gaming cards that you put into the machines. The faster machines can play up to 25 spins per hour, and 972 spins divided by 25 spins per minute is 38.88 minutes. You don’t have a very long time to enjoy your $100 before it’s gone!

The worst part? Casinos often advertise that their “average payouts” are even as high as 95 percent. But beware: That number applies only to certain machines, and the casinos don’t rush to tell you which ones. You really need to read or ask about the fine print before playing. You can also try to check the information on the machine to see if it lists its payouts. (Don’t expect this information to be front and center.)

Implementing a simple strategy for slots

Advice varies regarding whether you should play nickel, quarter, or dollar slot machines and whether you should max out the number of coins you bet or not (you usually get to choose between one and five coins to bet on a standard slot machine). In this section, you’ll find a few tips for getting the most bang for your buck (or nickel) when playing slot machines.

Basically, when it comes to slot machines, strategy boils down to this: Know the rules, your probability of winning, and the expected payouts; dispel any myths; and quit while you’re ahead. If you win $100, cash out $50 and play with the rest, for example. After you lose a certain amount (determined by you in advance), don’t hesitate to quit. Go to the all-you-can-eat buffet and try your luck with the casino food; odds are it’s pretty good!

Choosing among nickel, quarter, and dollar machines

The machines that have the higher denominations usually give the best payouts. So, between the nickel and quarter slots, for example, the quarter slots generally give better payouts. However, you run the risk of getting in way over your head in a hurry, so don’t bet more than you can afford to lose. The bottom line: Always choose a level that you have fun playing at and that allows you to play for your full set time limit.

Deciding how many coins to play at a time

When deciding on the number of coins you should play per spin, keep in mind that more is sometimes better. If the slot machine gives you more than two times the payout when you put in two times the number of coins, for example, you should max it out instead of playing single coins because you increase your chances of winning a bigger pot, and the expected value is higher. If the machine just gives you k times the payout for k coins, it doesn’t matter if you use the maximum number of coins. You may as well play one at a time until you can make some money and leave so your money lasts a little longer.

For example, say a quarter machine pays 10 credits for the outcome 777 when you play only a single quarter, but if you play two quarters, it gives you 25 credits for the same outcome. And if you play the maximum number of quarters (say, four), a 777 results in 1,000 credits. You can see that playing four quarters at a time gives you a better chance of winning a bigger pot in the long run (if you win, that is) compared to playing a single quarter at a time for four consecutive tries.

The latest slot machine sweeping the nation is the so-called “penny slot machine.” Although it professes to require only a penny for a spin, you get this rate only if you want to bet one penny at a time. The machines entice you to bet way more than one penny at a time; in fact, on some machines, you can bet more than 1,000 coins (called lines) on each spin — $10 a shot here, folks. Because these machines take any denomination of paper bill, as well as credit cards, your money can go faster on penny machines than on dollar machines because you can quickly lose track of your spendings. Pinching pennies may not be worth it after all!