Follow by Email

Monday, 18 March 2013

Helicopter rescue poised for privatisation

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".