Manchester Airports Group is a global airport company currently serving 50 million passengers a year. We own and operate four UK airports - Manchester, London Stansted, East Midlands and Bournemouth - which contribute nearly $6bn to the British economy. Our airports also consistently outperform the market. We saw a strong passenger growth of 10.7% over the last year, and our combined Group gross revenue in 2015 was $1.1billion.
We are privately managed on behalf of our shareholders, Manchester City Council, nine wider Greater Manchester Councils and Industry Funds Management (IFM). IFM is a highly experienced, long-term investor in airports and already has significant interests in ten different airports across both Europe and Australia.
MAG USA was launched in 2015 and since then, we have made a grand entrance into the US airport market. Our ultimate aim is to become the USA’s ‘go-to’ organization for delivering market-leading commercial solutions that transform customer experiences in airports. In particular, MAG USA is focused on airport lounges, car parking services and P3, retail & terminal developments.
In December 2015 the first US Escape Lounge opened in Minneapolis St. Paul International Airport. Hartford-Bradley International Airport in Connecticut and Oakland International Airport, California, became our second and third US lounges, opening in fall of 2016.