NATS up for sale ?
 

Start a whip round, lads . . . :uhoh:

I still think the 'co-operation' agreement with AENA is a prelude to a takeover, after all the Spanish have got one of NATS' backers now (BAA)

Nowt to do with HM Revenue and Customs approving the PwC share value of £1.20 per share, of course? :yuk:

source: http://www.parliament.the-stationery...t/10329-10.htm

Again, :yuk: :yuk: :yuk: :yuk:....

Some revision required? See... http://www.nao.gov.uk/publications/n...2/01021096.pdf

Expect it would be the Spanish who will buy it. They get a tax break from the Spanish Governement if buying foreign companies that amounts to upto 25%.

No doubt Serco will start sniffing around again.....

Don't s'pose there's any chance they'll dump the Bristol contract and I can get out of this madhouse!!??

Nothing at all on the Intranet about it.Just a snazzy photo of a hot air balloon.:D (message there maybe)
Communications are top priority.Yeah right:ugh:

Well it is Sunday after all.............:)

Someone must be reading this, there was something on the intranet by this evening...

Maybe they found out the same way as the rest of us,reading the papers.They used to say that the Russians would attack at the weekend,when the RAF were in the pub.Looks like someone was rattled up quick to write something before Monday.Good show chaps:=

Looks like Paul wont be around to see his destinations reached if this happens!:)

I think his only destination maybe be the Bank.

Serco couldnt afford it, so that only leaves Safeskys or Ryanair.....:ooh:

From a report in the Daily Mail, it would seem it's actually Mytravel trying to solve its money problems by cashing in on NATS profits! Virgin have said that they and the other scheds still want to own NATS.

...Or Alstom.Maybe Airports and En-route might have different owners.So much for the Airline group not making any money.

Selling UK NATS
 

http://iccheshireonline.icnetwork.co...name_page.html

Airlines 'set to sell air traffic control'

Jul 10 2006

Daily Post

THE future of air traffic control in the UK was plunged into doubt yesterday amid reports that a number of airlines planned to sell their stake in National Air Traffic Services in a highly controversial move.
A Sunday newspaper said members of The Airline Group, which is made up of British Airways, Virgin Atlantic, BMI British Midland, easyJet, MyTravel Airways, Monarch and Thomsonfly, were looking at offloading the group's 42% share of Nats it acquired in 2001.
The plan needs the backing of six of the seven airlines.
It is thought the sale is being pushed by the three charter airlines, MyTravel, Monarch and Thomsonfly, as they look to cash in on the high level of demand for infrastructure businesses.
The airlines paid around £6.6m each for an equal 6% share of Nats but could now fetch up to £36m each.
Virgin director of communications Paul Charles said: "We are not selling our stake." Mr Charles said, if the other airlines did decide to sell, Virgin would consider buying their shares.
British Airways said the report was "speculation" while MyTravel and BMI declined to comment. Monarch, Thomsonfly and easyJet were unavailable.

Prospect's 'ATCO & ATSS Branch Briefing' landed today and goes as far as saying that ('scuse the PPRuNe quote device but it stands out better...):

As usual, the mere press speculation line being spun elsewhere re. this matter falls well and truly into the 'well he would say that, wouldn't he' category.