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National Air Transport Service pays £26m dividend

National Air Transport Service (Nats) is to pay a £26 million second interim dividend on December 1 covering the year to March 2015.


The payout brings dividends paid covering the current financial year to £77 million.


The air navigation services provider said £23.5 million of the dividend is provided by Nats (En Route), the company’s economically regulated provider of en route air traffic services.


The remaining £2.5 million comes from Nats (Services), which provides airport air traffic services and consultancy.


Nats handled 2.2 million flights in 2013/14, covering the UK and eastern North Atlantic with air traffic control centres at Swanwick, Hampshire and Prestwick.


The organisation also provides air traffic control services at 15 UK airports including Heathrow, Gatwick, Stansted, Birmingham, Manchester, Edinburgh and Glasgow as well as Gibraltar airport and a number of airprots in Spain in a joint venture with Ferrovial.

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