When did NATS stop being a Not For Profit Public Private Partnership and who made the decision?
It never stopped because it never was. Although it was a term frequently used in Parliament in the run up to PPP the true not for profit option as seen in Canada was rejected early on in favour of a sale of 51%. Not for profit was not a requirement of the bidders, does not feature in any of the legislation and, according to the Airline Group in a submission to the CAA, doesn't form any part of the Strategic Partnership Agreement they signed with the Government at PPP. The Airline Group actually used the term "not for commercial return" which isn't the same. To date the return on their investment falls far short of what might be described as a commercial return as very little in the way of dividend has been paid since PPP.