NATS reports profit in a challenging year

NATS, the UK’s major air navigation service provider, has managed to emerge from FY/2010 with its run of black ink intact. For the year to 31-Mar-2010, the ANSP reported an underlying profit before tax of GBP100.7 million, GBP43.2 million that its result in the previous financial year. Pre-tax profit was GBP78.3 million, again down on last year’s result, this time due by GBP57.2 million.