### Question
How does economic regulation define new entrant air carrier?


### Answer
Under *49 U.S.C. § 41714*, **new entrant air carrier** is defined as:

> an air carrier that does not hold a slot at the airport concerned and has never sold or given up a slot at that airport after December 16, 1985, and a limited incumbent carrier

#### Citation:
  - *49 U.S.C. § 41714*
  - Heading: **SUBTITLE VII-AVIATION PROGRAMS > PART A-AIR COMMERCE AND SAFETY > subpart ii-economic regulation > CHAPTER 417-OPERATIONS OF CARRIERS > SUBCHAPTER I-REQUIREMENTS**

