Brussels, 28/04/2009 (Agence Europe) - On Friday 24 April, the European Parliament and Council reached first reading agreement on the draft regulation relaxing rules for allocating time slots for airlines. The text was presented by the European Commission in March to respond to the economic and financial crisis in the sector (see EUROPE 9861). The revised regulation temporarily suspends the “use it or lose it” rule which has applied until now and allows air carriers to keep the same...