Vote NO
11th Jan 2009, 14:45
No doubt we have all read the reports at work concerning the massive uptake of staff selling their shares and the resultant problems. However it's the Airline Group who own 42% (after selling 4% to BAA) which could give us the biggest problem. Have a look at their intentions two years ago Airlines split over Nats stake sale | Business | The Guardian (http://www.guardian.co.uk/business/2006/jul/10/theairlineindustry)
Seven airlines put a combined £50m into the air traffic control operation in return for a 46% stake in 2001. Recent estimates suggest the business is now worth over £1bn
Now that the way is clear for a sell off due to the Pension vote outcome , and TAG's intention to sell when NPC goes live in December, I think we may be in for a turbulent next twelve months :sad:
Seven airlines put a combined £50m into the air traffic control operation in return for a 46% stake in 2001. Recent estimates suggest the business is now worth over £1bn
Now that the way is clear for a sell off due to the Pension vote outcome , and TAG's intention to sell when NPC goes live in December, I think we may be in for a turbulent next twelve months :sad: