£135million in profit. It doesn't seem like it's in too much of a mess.
That profit was made last summer before traffic took a 12% dip. As the warnings often say previous performance should not be taken as an indicator of future returns. The desperate attempts to save cash even at the expense of increased long term cost that we've seen over the last few months suggests that somebody with access to the full figures thinks very much that it's in a mess.
Why shouldn't we be party to all information?? How could we make an informed decision with out all facts? If there is nothing to hide then all facts should be given..good or bad!
Any commercial company, and NATS is a commercial company, has information that has to be kept confidential for fear of affecting its negotiating position with customers, banks and suppliers. If a few union representatives subject to confidentiality agreements are given access to that information it is likely that it will remain confidential. If several thousand people are given access it will be public knowledge very quickly.