Some of the north if England’s most-loved attractions, high-flying businesses and world-famous institutions are set to be showcased to nearly 30 million people at Manchester Airport.
MAG, the owner of Manchester, London Stansted and East Midlands Airports, has this month seen a 1.8 per cent year-on-year increase in passenger numbers.
Manchester Airports Group has reported adjusted EBITDA of £380 million for the year to March 31st, up 5.9 per cent on the previous year. The increased was supported by a significant programme of investment in new facilities and infrastructure at Manchester and London Stansted, the group said in a statement.
MAG saw passenger numbers grow by 3.3 per cent in May as the group’s airports entered the start of a summer season which is predicted to see continued growth. The company is the operator of Manchester, London Stansted and East Midlands airports.
MAG, the operator of Manchester, London Stansted and East Midlands airports, saw passenger numbers grow by four per cent in April. The news comes as the airports prepare to enter their busy summer season.
MAG has successfully raised £350 million in the UK capital markets through the issuance of a 25-year bond, issued at an interest rate of 2.875 per cent. The company has disclosed that the order book for the bond was four times oversubscribed.
Jacobs has been selected by Manchester Airports Group to design its new PremiAir terminal, offering a unique “private jet experience” for passengers flying on commercial airlines.
MAG has entered a bid to operate Sofia Airport in Bulgaria for the next 35 years. Along with its consortium partner BCEG, the Chinese construction giant, MAG submitted its formal bid to the transport ministry in Sofia.
Passengers flying out of the UK’s third largest airport were this morning welcomed onto a giant new pier, which connects to Terminal 2, for the first time. The 216-metre pier – longer than Manchester’s Beetham Tower is tall – provides extensive panoramic views of the airfield and will be used by all airlines currently operating out of T2.
Some 5.9 million passengers travelled through Heathrow in January, an increase of 2.1 per cent on the figure recorded last year. At the same time, MAG, the operator of Manchester, London Stansted and East Midlands airports, saw all its airports grow in January as it posted 6.8 per cent year on year growth.
Manchester Airport has revealed plans to be the first major UK airport to open a private terminal, which offers passengers a “private jet experience” while flying on commercial airlines.