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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 (15 years 1 month 1 week 4 hours ago) and read 1249 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 (15 years 1 month 1 week 3 hours ago) and read 1224 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



User currently offlineServisair From United States of America, joined Jul 2006, 37 posts, RR: 0
Reply 2, posted (15 years 1 month 1 week ago) and read 1209 times:

The Group is made up of 7 British airlines,

British Airways
Virgin Atlantic
Airtours International

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, 13756 posts, RR: 18
Reply 3, posted (15 years 1 month 1 week ago) and read 1203 times:

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


Ambivalence I'd say

Anyone can fly, only the best Soar.
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