April 17, 2014 1:14 AM ET

Transportation Infrastructure

Company Overview of The Manchester Airport Group PLC

Company Overview

The Manchester Airports Group plc, together with its subsidiaries, engages in the ownership, operation, and development of airport facilities in the United Kingdom. The company operates Manchester, London Stansted, East Midlands, and Bournemouth airports. It also provides aircraft and passenger handling services. In addition, the company invests and manages a portfolio of properties comprising offices, hotels, and cargo properties, as well as develops properties. Further, it is involved in management of car parking and retail facilities. The company was founded in 1928 and is based in Manchester, the United Kingdom. The Manchester Airports Group plc is a subsidiary of Manchester Airports Hol...

Town Hall

Manchester,  M20 2LA

United Kingdom

Founded in 1928

2,700 Employees

Key Executives for The Manchester Airport Group PLC

Group Chief Executive and Executive Director
Age: 53
Chief Financial Officer and Executive Director
Chief Operating Officer
Chief Commercial Officer and Executive Director
Managing Director of Assets
Compensation as of Fiscal Year 2013.

The Manchester Airport Group PLC Key Developments

Monarch Announces Five-Year Deal with East Midlands Airport

Monarch has announced a new five year commercial agreement with the north Leicestershire airport's operator, Manchester Airports Group. Management announced they hope the operation would grow as it improves the quality of its service.

The Manchester Airport Group PLC to Form Joint Venture with Beijing Construction Engineering Group Co., Ltd., Carillion plc and Greater Manchester Pension Fund

The Manchester Airports Group plc has signed a joint venture agreement with Beijing Construction Engineering Group Co., Ltd., Carillion plc and Greater Manchester Pension Fund for the development of GBP 800 million Airport City project at Manchester Airport. Under the terms of the agreement, Carillion expects to invest up to GBP 12 million of equity in the development, as well as delivering up to GBP 580 million of construction work.

Manchester Airports Group Announces Joint Venture Agreement with Beijing Construction Engineering Group, Carillion Plc, Greater Manchester Pension Fund and Argent (Property Development) Services LLP

Manchester Airports Group (MAG) has announced a joint venture agreement with Beijing Construction Engineering Group (BCEG), Carillion PLC and the Greater Manchester Pension Fund (GMPF) in relation to the development of the £800 million Airport City project at Manchester Airport. Argent (Property Development) Services LLP has been appointed by the joint venture as development manager for the scheme. Airport City will be the core element of the Government-designated Enterprise Zone surrounding the UK's third busiest airport, Manchester. The objective of siting the zone around Manchester Airport alongside supporting sites in South Manchester was to help attract international businesses that could contribute an additional 16,000 jobs in the North West of England. Outline planning permission for Airport City was secured at the start of 2013 and the Chancellor, George Osborne. It will provide 5m sq ft of development, a mix of offices, hotels, advanced manufacturing, logistics and warehousing.

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact The Manchester Airport Group PLC, please visit www.magworld.co.uk. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.