Plan to sell off National Air Traffic Services has been grounded
A
controversial sale of the Government’s 49 per cent stake in the
National Air Traffic Services has been grounded after hitting
turbulence, Transport Secretary Justine Greening will announce today.With
German state-controlled bidders in pole position to buy a controlling
interest in NATS, nervous ministers decided it was better to perform a
U-turn and dump the deal altogether rather than risk the political and
financial fallout from handing control of Britain’s skies to Berlin.The
Daily Mail revealed exclusively in May that the deal to sell the
nation’s air traffic control provider had stalled and was set to be
scrapped completely amid fears that Germany’s state-controlled air
traffic control body, Deutsche Flugsicherung, would move in to take over
UK airspaceToday, Greening will confirm that fact following a tussle
with the Treasury.
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