NATS shares
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NATS shares
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
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
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
Join Date: Oct 2004
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This issue was raised at CTC bar stool session. There are a couple of airlines wanting out, although I have heard some airlines may want to buy out others.
Why should we be in for a turbulent 12 months (not arguing, just don't know)?
Anyhow, that assumes that PC goes operational by this time next year
RS
Why should we be in for a turbulent 12 months (not arguing, just don't know)?
Anyhow, that assumes that PC goes operational by this time next year
RS
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As the previous value of NATS shares stood at £2.70 I think a mere 20p drop considering the current economic turmoil and forecast lower traffic is quite an amazing figure ! I would have expected a far greater decrease.
Will be interesting to see what the July figure is and what the trustees do with all the employee shares they've recently acquired through the mass sell off.
Will be interesting to see what the July figure is and what the trustees do with all the employee shares they've recently acquired through the mass sell off.
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I`m not a shareholder but spotted this article about NATS Shares on John Smith's Website during my daily visit to his Credit Crunch Diaries.