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Old 23rd Nov 2006, 19:41
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rab-k
 
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Originally Posted by Roger That
NATS has never been a "not for profit company". 5 years ago the Airline Group bid was on the back of a "not for commercial return" basis (subtley different words, very different emphasis). My understanding at the time was that a commercial return was double digit (10+%) and that dividends to shareholders in NATS was to be considerably less than double digit (hence the non-commercial return) ... that is, when it started to be paid.
At last, an explanation! Cheers
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