Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Strong growth at MAG

25 July 2014
 

MAG, the owner and operator of Manchester, London Stansted,  East Midlands and Bournemouth airports, reported strong performance for the year ended March 2014.

Excluding Stansted, revenue grew by 8.4% to £426.1m; passenger numbers increased 5.4% to 1.3 million; operating profit (before significant items) rose 11.4% to £83.9m; and EBITDA was 9.6% up to £153m.

Including Stansted, total revenue came to £671.2m, and total EBITDA was £241.9m. Stansted contributed...

+25% more

 

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