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Explain how airport slots (issue mentioned in the case) may possibly help an airline maintain a competitive advantage (through impediments to imitation).

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Background on Assignment
Substantial regulation of the U.S. Airline Industry began in 1938, with the creation of the Civil Aeronautics Board (CAB). The CAB was given the authority to regulate the prices airlines can charge on flights, entry and exit into the market, as well as mergers and acquisitions between airlines. The airline industry was deregulated in 1978. The U.S. Airline Industry case talks about the airline industry following deregulation.
Explain how airport slots (issue mentioned in the case) may possibly help an airline maintain a competitive advantage (through impediments to imitation). Indicate what impediment (which of the 4 impediments) would the ability (easy or difficult) to obtain a slot be listed under with regards to maintaining a competitive advantage.

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