Who owns airport City Manchester?
Who owns airport City Manchester? The Manchester Airports Group Plc (M.A.G) is the country's largest UK owned airport operator. Our four airports - Stansted, Bournemouth, East Midlands and Manchester ? serve around 42 million passengers every year.
Who owns most of the airports?
In the US, almost all major airports are government-owned – usually by the local federal or city government. In New York, for example, JFK and La Guardia airports are owned by the City of New York. Newark is owned by the cities of Newark and Elizabeth.
Is Manchester Airport government owned?
Our structure. MAG's ownership structure is unique and comprises an effective blend of public and private shareholders, including Manchester City Council (35.5%), IFM Global Infrastructure Fund (35.5%) and the nine other Greater Manchester local authorities (29%).
Who is the ownership of Manchester Airport?
Ownership. MAG is majority owned by the ten local authorities of Greater Manchester, with Manchester City Council owning 35.5%. The remaining nine authorities, the Metropolitan Boroughs of Bolton, Bury, Oldham, Rochdale, Stockport, Tameside, Trafford, Wigan, together with Salford City Council, collectively own 29%.
Who owns the airports in the UK?
History of BAA plc. BAA plc is a holding company for the world's largest organization of airports. BAA owns and operates seven major airports in the United Kingdom--Heathrow, Gatwick, Stansted, Glasgow, Edinburgh, Aberdeen, and Southampton.