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The air traffic demand on the US national airspace frequently exceeds its available capacity. In current operations, the Air Traffic Service Provider designs and implements air traffic management initiatives with minimal interaction with the airlines. NASA and its partners have developed a new collaborative air traffic flow management concept of operations that involves the users of the airspace to a greater degree. In this paper, we describe an agent-based simulation of the new concept of operations and our planned experimentation to determine if the new concept of operations will lead to better utilization of the national airspace.