Manchester Airports Group

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Manchester Airports Group logo

The Manchester Airports Group (MAG) is a holding company owned by the ten boroughs of the metropolitan county of Greater Manchester, England. Following the purchase of airport group BAA (owner and operator of seven UK airports) by Spanish Grupo Ferrovial in 2006, MAG is now the largest UK-owned airport group.

Manchester Airports Group was formed in 2001 to own and operate Manchester Airport and the other smaller acquisitions. Prior to that the Manchester Airport Board operated Manchester Airport from 1986, when the county council of Greater Manchester was disbanded. Since its spin-off, MAG has branched out into other ventures. In addition to Manchester Airport, it also owns and operates Bournemouth Airport, East Midlands Airport, and Humberside Airport. The Group handles over 28 million combined passengers a year from its four airports and generates approximately £3.2 billion for the UK economy, whilst supporting over 130,000 jobs.

Manchester Airports Group runs a number of airport service-related businesses including baggage handling and ground services, car parking, fire-fighting, airport security, engineering, motor transport services and advertising.

The property development and management business of MAG is undertaken under the MADL brand (Manchester Airport Developments Ltd). The MADL remit extends across Manchester Airports Group's four airports.

[edit] Ownership

Manchester Airports Group is wholly owned by the 10 local authorities of Greater Manchester, with a majority share (55%) owned by the city of Manchester; the other 9 local authorities own 5% each.

Shareholding details as follows: