However I was simply making the point that the airports run a very tight ship with very little money being spent yet we make the profit and are continuosly told that we are given a pay rise on the coat tails of NERL, yet this HTD vote is to help NERL save 50 million quid and we all suffer from it.
Sorry
Hootin' , Airport services don't make 'the profit', as you call it, alone. They make part of the overall profit for the whole company from which everyone benefits. For 2005, NERL made an operating profit of £114M, Airport Services made an operating profit of £10M.
This came after offsetting an operating cost of £330M for NERL and £82M for Airports. So buck for buck, NERL run a tighter ship when it comes to profit against costs spent. Or a better return if you want to put it that way.
That's for 2005, all available in the NATS published accounts.
Back to the HTD issue. If there is a 6 month withdrawal clause in the agreement, then I say grab the money and run while we can. If there is not, then either let's leave it as it is or let NATS come back with a substantially better offer.
