Manchester Airports Group

Common card · No. 438339

Manchester Airports Group Limited (known as MAG) is a British airport operator which owns and operates three British airports: Manchester Airport, East Midlands Airport and Stansted Airport. The Group operates under Manchester Airports Holdings Limited, a holding company owned by the ten metropolitan borough councils of Greater Manchester and Australian investment fund IFM Investors. Founded in 2001, MAG is the largest UK-owned airport operator, following the purchase of BAA by Ferrovial in 2006. As of July 2025, the company handled 64 million passengers across 2024-25. Of the ten metropolitan boroughs of Greater Manchester, Manchester City Council holds the largest stake, at 35.5 per cent. The remaining nine councils hold a total of 29 per cent. IFM Investors own a 35.5 per cent stake in MAG. The Group has its registered office at Manchester Town Hall. MAG operates on a commercial basis at arm's length from its public owners who only take a dividend from profits. This was £20 million...

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