Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

Ex-Rolls-Royce CEO to chair under-fire UK air traffic controller NATS

Wed, 10th Apr 2024 09:06

(Alliance News) - UK air traffic controller National Air Traffic Services on Wednesday said it has hired former Rolls-Royce Holdings PLC CEO Warren East as non-executive chair, after having come under pressure from regulators and airlines over a costly outage back in August.

East takes over the chair on September 1. He succeeds Paul Golby, who has been in post since 2014.

NATS is composed of two main businesses. NATS En Route PLC is the regulated business that provides air traffic management services within UK airspace and the eastern part of the North Atlantic. NATS Services Ltd provides air traffic controller services at UK and overseas airports. It handled 2.2 million flights in the UK in its most recent financial year.

East was chief executive officer of jet engine maker Rolls-Royce from 2015 to 2022. Prior to this, he spent almost 20 years with computer chip designer ARM Holdings PLC, including 12 as CEO.

Last month, an independent review into the August bank holiday air traffic control meltdown in the UK, which affected nearly 750,000 passengers, highlighted a "significant lack of pre-planning". Flights were grounded across UK airports on August 28 last year, after NATS suffered a technical glitch while processing a flight plan.

"It has been a privilege to serve as chair through some of the most difficult times that NATS and the aviation sector as a whole have been through," Golby said, referencing specifically the Covid-19 pandemic.

East commented: "Aviation is vital to our society and economy, and the essential infrastructure which NATS provides underpins that important function. The next decade or so brings huge challenge alongside multiple possibilities as the sector faces the necessity of the energy transition together with the opportunities presented by advancing technology."

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
16 May 2024 15:46

UK shareholder meetings calendar - next 7 days

9 May 2024 10:26

Balfour Beatty says trades in line amid "progress" on pacts

(Alliance News) - Balfour Beatty PLC on Thursday said it has traded in line with expectations so far in 2024, as it makes progress on major deals.

29 Apr 2024 11:20

Turkish Airlines in talks with Airbus, Boeing to buy 235 planes

ISTANBUL, April 29 (Reuters) - Turkish Airlines is negotiating with both Airbus and Boeing about buying 235 aircraft as part of its expansion plans,...

29 Apr 2024 09:58

Turkish Airlines says it is strengthening ties with Rolls-Royce, Airbus

ISTANBUL, April 29 (Reuters) - Turkish Airlines said on Monday Rolls-Royce was exploring the potential establishment in Turkey of maintenance, repai...

28 Apr 2024 13:20

Sunday newspaper round-up: Royal Mail, Shein, Canary Wharf

(Sharecast News) - The heads of the Communication Workers Union have acquiesced to Royal Mail's demand to end six-day-a-week letter deliveries, paving...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.