Britain’s search and rescue operation is currently run by the Royal Navy, the Maritime & Coastguard Agency and the RAF.
"The contract is expected to be awarded to Bristow, a US listed company. If Bristow is selected, the news will come as a bitter blow to UK rival, Bond Aviation, which is owned by private equity firm KKR."
|£3bn privatisation project for helicopter rescue across the UK.|
The privatisation obsession reaches new insanity. The "friends" of the Tory party must be rubbing their hands in anticipation of huge profits for such a small "investment".