A great deal of newsprint has been generated in criticism of the decision by the Government to provide a reported cash injection of £30m to National Air Traffic Services (NATS).
The principal criticism is that the Government has demonstrated through this ‘bail out’ that risk is not in reality transferred by a public-private partnership (PPPs). A secondary criticism is that NATS has become the ‘Railtrack of the skies’. In reality neither criticism is justified, but both illustrate the level at which the debate about PPPs is conducted.
