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Written question asked by Bernard Jenkin (Conservative) on Friday, 23 October 1998, in the House of Commons. It was due for an answer on Tuesday, 27 October 1998. It was answered by Glenda Jackson (Labour) on Tuesday, 27 October 1998 on behalf of the Department of the Environment, Transport and the Regions.


Dept of the Environment Transport and the Regions

Question
To ask the Secretary of State for the Environment, Transport and the Regions, what steps he will take to establish the value of National Air Traffic Services Ltd prior to privatisation.
Answer

Mr. Jenkin: To ask the Secretary of State for the Environment, Transport and the Regions what steps he will take to establish the value of National Air Traffic Services Ltd. prior to privatisation. [56690] Ms Glenda Jackson: The final sale route of NATS depends crucially on the details of the public private partnership, on which we are consulting at the moment. It would not be appropriate to give an estimate of the value of the company, which is commercially sensitive, before the sale takes place.


Secondary information

Type
Written question
Reference
318 c109W; 56690
Session
1997-98
Subjects
Air traffic control Privatisation Valuation NATS