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.
MAG, the operator of Manchester, London Stansted and East Midlands airports, finished the year on a high as December saw each airport welcome more passengers than they did in the equivalent month last year.
Airports in London are preparing for the busy Christmas period, with millions of passengers expected to fly out of the UK on festive breaks over the next week.
A landmark route into the heart of Africa has taken off, underlining Manchester Airport’s role in connecting the north of England to the world. Ethiopian Airlines’ inaugural flight left the UK’s third largest airport 100 per cent full and will unlock more than 60 connections across Africa.
MAG, the operator of Manchester, London Stansted and East Midlands airports, saw continuing growth in November as new long-haul routes saw its airports serve 7.7 per cent more passengers than in the same month last year.
Ethiopian Airlines will commence flights from their second UK destination next week with a four-times-a-week service from Manchester to Addis Ababa.