Airline Group split over NATS stake sale

Victoria
By Victoria September 25, 2012 14:10

Airline Group split over NATS stake sale

EasyJet, British Airways and Virgin Atlantic, members of the seven member strong Airline Group, are reported to be opposed to selling their stake in the UK’s National Air Traffic Services. Airline Group owns a 42% stake in NATS, which it has been eager to sell for a while. The leisure airlines in the group including Thomas Cook and Monarch have been pressing ahead with a sale, while the other members have been hesitant, reports the Sunday Times.
NATS is 49% owned by the UK government with BAA and NATS staff owning small stakes.
German air traffic controller provider DFS has been tipped as a potential buyer.

Victoria
By Victoria September 25, 2012 14:10
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