But what about the money?
NATS costs about 2m a day to operate. We are now into day three with no traffic and basically almost no revenue... thats 6m and counting
The men at the top are already worrying about what to do about the unexpected income shortfall, looks like another 10m in cost cuts will need to be on the way this year. At least its right at the beginning of the financial year and they have time to react.
Remember impact of 9/11 revenue reduction brought NATS to its knees financially, and that was just the trasnatlantic income. It won't take many more days of this to do the same thing.
Same problem in Germany, Holland, Norway etc etc.
Finnair are already talking publicly about staff lay offs, some commercial ANSP will be thinking the same way. Interesting times.
KT