MCC played a pivotal role in helping NATS and the CAA strengthen their financial models, delivering:

1. Comprehensive Model Review for NATS
   • Conducted an in-depth analysis of the traffic-risk-sharing mechanism and the model’s response to COVID-19-related traffic declines.
   • Identified 382 issues for NATS to investigate, highlighting areas where calculations and methodologies needed improvement.
   • Recommended new methods and updated data sources to ensure more accurate forecasting and decision-making.
2. Board-Level Analysis and Recommendations
   • Reviewed key board presentations and conclusions to verify that they were supported by reliable model calculations.
   • Suggested methodology updates and refinements to improve the financial model’s credibility and accuracy.
3. Support for CAA’s NR23 Price Control Model
   • Assisted the Civil Aviation Authority in designing, reviewing, and modifying a new model for NATS’ price control process.
   • Addressed financial model deficiencies that had delayed NR23 by six months, helping to bring the process back on track.
4. Best Practice Implementation
   • Recommended model updates using industry best practices, ensuring future reliability and transparency.
   • Advised on the latest data sources and input methodologies to strengthen financial forecasting.

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