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Virgin/BA Group Win Nats Bid  
User currently offlineServisair From United States of America, joined Jul 2006, 37 posts, RR: 0
Posted (12 years 1 month 4 weeks 1 hour ago) and read 586 times:

It has just been anounced on the BBC 1o'clock news that the group of Airlines led by British Airways and Virgin Atlantic have won the bid for a controlling stake in the UK's National Air Traffic Services.


30 Yeras in the Biz...
3 replies: All unread, jump to last
 
User currently offlineIkarus From United Kingdom, joined Jan 2001, 3524 posts, RR: 2
Reply 1, posted (12 years 1 month 4 weeks ago) and read 561 times:

Could you supply some more infos? I am rather interested in this, but have no infos at all about the bidders and the nature of the privatisation. (I was too big a cheapskate to subscribe to any monthly magazines...)

Thanks a lot in advance

Regards

Ikarus

User currently offlineServisair From United States of America, joined Jul 2006, 37 posts, RR: 0
Reply 2, posted (12 years 1 month 3 weeks 6 days 21 hours ago) and read 546 times:

The Group is made up of 7 British airlines,

British Airways
Virgin Atlantic
Easyjet
Airtours International
Britannia
bmi
Monarch

They will buy a 49% stake in NATS and are promising £1 Billion of new investment. They are paying about £ 800million for the share.

5% has been sold to NATS employees and the rest will remain under the control of the Government.

They beat another bid by SERCO.


30 Yeras in the Biz...
User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13711 posts, RR: 21
Reply 3, posted (12 years 1 month 3 weeks 6 days 21 hours ago) and read 540 times:

Great. Is my safety compromised????? Hope not

Hmmm.

Ambivalence I'd say



Anyone can fly, only the best Soar.
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