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July 29, 2015 4:04 PM ET

Transportation Infrastructure

Company Overview of The Manchester Airport Group PLC

Company Overview

The Manchester Airport Group plc owns and operates airports in the United Kingdom. The company operates Manchester, London Stansted, East Midlands, and Bournemouth airports. It also provides cable and installation, networking, voice, and aviation related services, as well as IT and support solutions. In addition, the company provides a range of commercial property solutions, including office and cargo logistics space, warehouse and logistics properties, design and build development projects, airport terminal and hangar space, and hotels, as well as retail space. The company is based in Manchester, the United Kingdom. The Manchester Airport Group plc is a subsidiary of Manchester Airport Hold...

Olympic House

Manchester Airport

Manchester,  M90 1QX

United Kingdom

4,588 Employees

Key Executives for The Manchester Airport Group PLC

Group Chief Executive and Executive Director
Age: 55
Chief Financial Officer and Executive Director
Chief Operating Officer
Divisional Chief Executive for Property
Chief Commercial Officer and Executive Director
Compensation as of Fiscal Year 2015.

The Manchester Airport Group PLC Key Developments

MANCHESTER Airports Group Plans to Close One of its Terminals

MANCHESTER Airports Group announced that it plans to close one of the terminals at the country's third biggest airport as part of a £1 billion investment programme designed to revamp the site over the next decade. Encouraged by government ambitions to develop a so-called 'Northern Powerhouse', as well as plans for the High Speed Two (HS2) rail link, MAG bosses hope to boost capacity at Manchester and attract more long-haul carriers by redesigning one of its three terminals and scrapping another. Under plans announced by MAG, Terminal 1 will be closed by 2022 and is likely to be redeveloped, while Terminal 2 will be expanded. The third terminal building, which will be adapted to accommodate more passengers, will be linked to the second and self-service check-in facilities will also be introduced. The airport currently accommodates 23 million travellers a year, which will rise to 30 million after the work is completed. The proposals are separate to plans to build an Airport City of offices, shops, parkland, warehouses and manufacturing sites in Manchester, backed by Chinese investment. Once completed, Mr. Cornish estimated that the number of staff at the site will double to 40,000. The redevelopment is expected to reduce dividends in coming years.

The Manchester Airport Group PLC Announces Executive Changes

Lynda Shillaw has been appointed by Manchester Airports Group as divisional chief executive for property. She joins from Scottish Widows Investment Partnership. As revealed by Estates Gazette, the post has been vacant since Karen Campbell resigned from the role just eight months after joining, and just days after a controversial deal with Beijing Construction and Engineering group was signed. Shillaw, who was director of real estate at SWIP, will join MAG from 1 June 2014. She will report to group chief executive Charlie Cornish, overseeing the group's £571 million property division across four airport facilities, most notably the £800 million Airport City development.

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.

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