On August 4, 2008, the Port of Authority of New York and New Jersey announced its proposal to prohibit flights at John F. Kennedy International Airport (JFK), LaGuardia Airport (LGA), and Newark Liberty International Airport (EWR) that are conducted pursuant to new slots planned to be auctioned by the FAA. In April 2008, the FAA announced its proposal to reallocate slots by auction at LGA, and, in May 2008, announced a similar proposal for JFK and EWR. The Port Authority contends that the FAA’s proposal would have material adverse effects and is unlawful. The Port Authority and the FAA are now engaged in litigation over their respective authority over slots at the New York area airports.