UK - NATS Pay negotiations - latest rumours

[BigDaddyBoxMeal]

Sure for a company that is doing so well, his shouldn't be a problem !

The PPP was much criticised - was it a success?
The PPP, or Public Private Partnership, was established in July 2001 and strengthened in 2003 following a financial restructuring prompted by the financial downturn following 9/11. NATS is now owned 49% by the Government; 42% by The Airline Group, a consortium of UK airlines; 4% by BAA and 5% by an Employee Share Trust. The company has just reported its fifth successive year of profit.

In the last year we have continued to maintain our strong safety record, whilst handling record numbers of flights. NATS-attributable delays have been reduced from more than two minutes at the time of the PPP to less than 27 seconds this year.

The company has a 10-year, £1bn investment programme. Within 10 years of the PPP (2011) we will have achieved our two-centre strategy and delivered the majority of our £1bn investment programme, due for completion in 2013.