Japanese finance house Nomura has selected public affairs agency
Lexington Communications to promote its bid for UK transport
organisation National Air Traffic Services.
Under Government legislation due to be published this month, the air
traffic services are to be partly privatised, with the Government
keeping a 51 per cent ’golden share’.
Nomura is bidding for the 49 per cent stake in the service jointly with
UK facilities management firm Serco through a pounds 1 billion funding
vehicle, Serco Nomura Infrastructure Fund.
Lexington will look to gain support for the fund’s bid among key
Nomura regularly tables bids for partial privatisations and private
finance initiatives. It recently employed GJW in a bid to run property
belonging to the Inland Revenue and HM Customs and Excise (PR Week, 21
The National Air Traffic Services is responsible for the flight paths of
aircraft flying over the UK and those taking off and landing at 12
airports across the country. It employs 5,200 staff.
- Lexington has picked up a lobbying account for commercial radio trade
body the Commercial Radio Companies Association. The body previously
used GPC and is keen to rein back the BBC’s commercial activity in the
ongoing review of the corporation’s role.