Southwest plans to bite the Big Apple

Southwest Airlines may finally start flying to New York City proper if an upcoming bankruptcy court ruling goes its way.

The Dallas-based airline has confirmed a Bloomberg News report that it plans to buy the assets of bankrupt ATA Airlines for $7.5 million so it can obtain ATA's 14 takeoff and landing slots at LaGuardia Airport. This would allow Southwest to fly seven round trips a day to supplement its current service to Islip, N.Y., which is way the hell out on Long Island.

The U.S. Bankruptcy Court in Indianapolis is expected to consider the plan Dec. 2.