MAG is the UK’s leading airport group and owns and operates Manchester, London Stansted, East Midlands and Bournemouth Airports, together with a significant property business. MAG employs over 4,500 people and annually serves over 50 million passengers.
MAG’s strategy is to increase long-term shareholder value by generating profitable growth through the further development of its assets and by offering a high quality user experience for customers using its airports. By achieving this goal, MAG aims to become a global leader in airport management, products and services.
MAG also includes the commercial property division, MAG Property, which has over £640m of investment property assets across its four airports and has a 50% investment in the £800m major Enterprise Zone development, Airport City, at Manchester. In North America, the new MAG USA is looking to work with airports to develop and operate terminal and retail solutions, passenger lounges and car parking facilities.
MAG is managed on behalf of its shareholders who comprise Manchester City Council (35.5%), IFM Investors (35.5%) and the nine other Greater Manchester local authorities (29%).
MAG is committed to a sustainable future and to improving the social, economic and environmental well-being of the community and environment through the investment in and development of, renewable energy schemes and reductions in energy usage and waste across the Group.
