MAG growth driven by record passenger numbers

Manchester Airport Group is celebrating half-year results which have met and exceeded its growth targets thanks to record passenger numbers. Revenue climbed 12.7% to £543m in the six months to September 30 and adjusted EBITDA also rose 8.6% to £236.6m. Adjusted operating profit also rose from £150.3m for the same period in 2016 to £164.8m. MAG said its success had been driven by record passenger numbers and successful new route development with Manchester and London Stansted in particular handling increasing number of pas... For the full story register now for free or login below...
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