NATS
See the link for details.
NATS earns about 2.1 m in revenue per day. Dont confuse operating costs with total costs. NATS Costs are about 1.84m per day (see report)
NATS Profit was 95m last year. The execs will be paid based on delivering to a bunch of metrics which will include profit targets. Every day of no revenue takes about 2.1m straight off the profit line.
NATS could go perhaps six weeks before annual loss is incurred, but NATS is a business and the profit goal will be paramount.
By Monday 10% of the profit due this year will be burnt. Without getting into NSL vs NERL and all that. But Assuming targets this year are similar to last.
More cost cuts on the way without doubt.
KT