Go Back  PPRuNe Forums > Ground & Other Ops Forums > ATC Issues
Reload this Page >

Nats Profit 2008/2009

Wikiposts
Search

Notices
ATC Issues A place where pilots may enter the 'lions den' that is Air Traffic Control in complete safety and find out the answers to all those obscure topics which you always wanted to know the answer to but were afraid to ask.

Nats Profit 2008/2009

Thread Tools
 
Search this Thread
 
Old 2nd July 2009 | 22:38
  #81 (permalink)  
15 Anniversary
 
Joined: Jan 2008
Posts: 2,003
Likes: 0
From: The foot of Mt. Belzoni.
terrain,
Allegedly in the "old Civil-Service attitude" everyone DID work together, and as for that "sea change", it's-a-coming!
+1.8mm/p.a.!
terrain safe, - you will be! Just get that 'heat canned'.
Act Responsibly.

Last edited by ZOOKER; 2nd July 2009 at 22:52.
ZOOKER is offline  
Reply
Old 3rd July 2009 | 05:26
  #82 (permalink)  
 
Joined: Nov 2008
Posts: 179
Likes: 0
From: 5116N00044W
But why would any airline avoid UK Airspace?
HAVE YOU EVER HEARD OF MONEY?
PeltonLevel is offline  
Reply
Old 3rd July 2009 | 07:11
  #83 (permalink)  
20 Anniversary
 
Joined: Oct 2004
Posts: 531
Likes: 38
From: Southern England
I have no doubt that you would include "a good pension" in all this stuff that we should not expect to receive when we retire.
Not at all and I'm not quite sure how one implies the other. I still expect a good pension by any measure of what a good pension is. I also expect that inevitably there will be further attempts to reduce pension benefits because UK PLC which includes NATS can no longer afford the pensions it used to provide. I am very grateful to the union for ensuring we enjoy some legal protection which many company pension scheme members do not which may ultimately mean we keep our good pension far longer than most people.

But pay rises can be capped "just in case"?
Like it or not NATS has to live within its means and I happen to believe that there is little victory in a larger pay rise which ultimately has to be paid for by people losing their jobs. The board may not have been as prudent as I would like but I don't think that means we shouldn't be.
eglnyt is offline  
Reply
Old 3rd July 2009 | 09:06
  #84 (permalink)  
 
Joined: Mar 2009
Posts: 127
Likes: 0
From: way down south
eglnyt
Like it or not NATS has to live within its means
We all have to live within our means but my means are definitely getting smaller as the cost of living..food, fuel etc.. gets larger.
kats-I is offline  
Reply
Old 3rd July 2009 | 09:37
  #85 (permalink)  
 
Joined: Dec 2008
Posts: 149
Likes: 0
From: Down south and up north
Like it or not NATS has to live within its means and I happen to believe that there is little victory in a larger pay rise which ultimately has to be paid for by people losing their jobs. The board may not have been as prudent as I would like but I don't think that means we shouldn't be.
We are either in good financial health or we aren't. If a payrise makes jobs go on the line then we aren't in good financial health and shouldn't be paying out millions of pounds in dividends.
Avoiding_Action is offline  
Reply
Old 3rd July 2009 | 09:53
  #86 (permalink)  
 
Joined: Jun 2009
Posts: 233
Likes: 0
From: behind the fruit
We are either in good financial health or we aren't. If a payrise makes jobs go on the line then we aren't in good financial health and shouldn't be paying out millions of pounds in dividends.
Exactly !!!

Double standards, that sums it up.
Jobs for the boys, money for the fat cats, and job losses and pay cuts for the staff.

PB's bonuses are almost as obscene as the RBS directors', but yet it seems perfectly acceptable to some posters on here !!!

Am away to read more about our customers now, to tune into them better !
LEGAL TENDER is offline  
Reply
Old 3rd July 2009 | 13:13
  #87 (permalink)  
25 Anniversary
 
Joined: Aug 2000
Posts: 836
Likes: 2
From: Costa del Swanwick
We are either in good financial health or we aren't.
We clearly were but are not likely to be in the very near future.

Just on the subject of the cutomers BA declared record profits just over 12 months ago. Speaking to one of their employees recently I asked if Willie was exaggerating the situation. He was adamant that the organisation is really fighting for survival and the situation is really that dire.

It just shows how quickly it can all turn round.

Still not happy about the dividends though.

PS. ZOOKER. STAY OUT OF IT. YOU KNOW LESS THAN NOTHING
250 kts is offline  
Reply
Old 3rd July 2009 | 13:47
  #88 (permalink)  
 
Joined: Oct 2008
Posts: 151
Likes: 3
From: Dorset
Double standards, that sums it up.
Jobs for the boys, money for the fat cats, and job losses and pay cuts for the staff.

PB's bonuses are almost as obscene as the RBS directors', but yet it seems perfectly acceptable to some posters on here !!!
Welcome to the world of the PLC. This battle was lost back in 2001 when NATS was part privatised, and all of a sudden had to become financially viable. Managers brought in were those experienced in companies that are run to make a profit, and as such have managed NATS down the road we now find ourselves on.

Its the same story in any big PLC or Ltd company, and unfortunately, NATS will be no different. It only now seems to be occuring to the unions and the workforce that it is beginning to catch up with us 8 years after PPP. But unfortunately its not going to change any time soon. Ask anyone that works in a big organisation (be it a supermarket, a bank, a train company, insurance provider etc) they'll give you the same story, people on the shop floor are shafted while management and shareholders reap the benefits.

The best we can hope for now is to pull together as a workforce and limit any further damage to our T&Cs. We can draw our own conclusions on how succesful that strategy may be, bearing in mind the recent polls on pension and pay
BigDaddyBoxMeal is offline  
Reply
Old 3rd July 2009 | 14:45
  #89 (permalink)  
15 Anniversary
 
Joined: Jan 2008
Posts: 2,003
Likes: 0
From: The foot of Mt. Belzoni.
Knots,
Thank-you for your continuing support. Ignorance is bliss!
Pelton,
Unfortunately, at this point in time, most NAT oceanic tracks start (and finish), west of UK Airspace. - What a shame.

Last edited by ZOOKER; 3rd July 2009 at 15:03.
ZOOKER is offline  
Reply
Old 3rd July 2009 | 20:56
  #90 (permalink)  
15 Anniversary
 
Joined: Jan 2008
Posts: 2,003
Likes: 0
From: The foot of Mt. Belzoni.
Pelton,
In post No. 82, you ask:-

"HAVE YOU EVER HEARD OF MONEY?"
Several years ago, I passed a GCSE Level examination in Economics.
I am certain it was mentioned then.
Also, I was at school with 2 people (brother and sister) whose surname was Money, and of course there is the legendary 'Zoot Money', the famous British rhythm and blues keyboard player.
So the answer to your question appears to be a resounding Yes!

Last edited by ZOOKER; 3rd July 2009 at 21:21.
ZOOKER is offline  
Reply

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.