The financial year ended 31 March 2011 marked ten years since the Public Private Partnership (PPP) – ten years in which NATS has established itself as a world leader in air traffic control.
The progress made since the PPP has resulted in a marked improvement in safety, service and financial viability. Over the past decade NATS has invested £1.1bn in new infrastructure and systems which has led to improved productivity and contributed to a 30% real reduction in the underlying controllable costs of the en route operation.
Revenues for the year increased by £22m to £777m (2010: £755m) and profit before tax improved by £28m to £106m (2010: £78m).
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