13 DECEMBER 2021

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Article from BTNews 13 DECEMBER 2021

Manchester Airport Group

Figures for the first six months of its financial year showed Manchester Airports Group (MAG) passenger numbers remained 82% down on pre-pandemic levels, despite initial early signs of recovery over the summer. MAG airports welcomed 6.6m passengers between April and September, compared to 36.4m for the same period in 2019.

The Group, which owns and operates Manchester, Stansted and East Midlands airports, saw year-on-year revenues increase by £64.9m, but the figure was down 70% on the same period two years ago.

Overall, MAG reported a loss before interest and tax of £75.7m for the six-month period. By contrast, the Group returned £172.7m in profit for the same six months in 2019.

MAG welcomed 2.7m passengers in October, which was the first month since February 2020 in which Manchester and Stansted Airports each served over one million passengers. Passenger volumes in November were at 58% of 2019, the closest they have been to pre-pandemic levels.

www.magairports.com

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David Bentley, United Kingdom/Manchester

The only 'opposition' now in the UK, apart from nascent parties, is the government's own backbenchers. Johnson, his missus, and Labour all too green; no interest in aviation.


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