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09 April 2020 The on-line newspaper devoted to the world of transports 08:41 GMT+2

February 19, 2002

Air traffic firm 'denies cash crisis'

The board of Britain's recently part-privatised air traffic control service is meeting on Tuesday to discuss its financial problems.

The meeting comes amid reports that the banks which underwrote the privatisation are threatening to foreclose on their loans.

National Air Traffic Services (Nats) has denied that it is edging into bankruptcy after losing the ......
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