Skip to main content

Manchester Airport Group makes strides in profits and passenger numbers

Air
Gary Noakes
12 July 2017

Manchester airport entered Europe’s top 20 last year as its parent company saw profits and passenger numbers grow.

Manchester airport is undergoing a phased reopening

Manchester airport saw 26.2 million passengers in the year to March 31 2017, an increase of 11.5%.

Manchester Airport Group (MAG), which also includes Stansted, East Midlands and Bournemouth airports, saw pre-tax profits rise 8% to £343.2 million and passenger numbers rise 7.7% to 55.9 million.

Key short haul growth markets for Manchester airport were Spain, Italy and Greece, with new long-haul routes to Beijing, San Francisco, Houston and Muscat launched.

The other success has been Stansted, which now handles 6.8m more passengers per year than when MAG acquired the airport in 2013 - an increase of 39%.