Lexington backs Nomura bid for air traffic body

Japanese finance house Nomura has selected public affairs agency Lexington Communications to promote its bid for UK transport organisation National Air Traffic Services.

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

political audiences.



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

May).



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.



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