MAG Airports comment on ‘solid summer’, investment plans for future

posted on 6th December 2018 by yumna
MAG Airports comment on 'solid summer', investment plans for future

MAG Airports group has released a statement summarizing its year, in which the group said it is celebrating a ‘solid year’ and looking towards its investment plans in the future.

Comments were made on the figures and remarks made. These can be read below.

Andrew Cowan, Manchester Airport CEO, said:

“It’s pleasing to have had a solid six months at Manchester Airport, where we have shown strong resilience by backfilling the loss of routes and passenger volumes caused by the demise of Monarch last year.

Carriers including Jet2.com, easyJet and Ryanair have all added capacity and frequency, allowing us to maintain passenger numbers and the excellent choice of routes offered at Manchester Airport.

“We continue to have a focus on connecting the North to key global long-haul destinations and we were able to announce new routes to Mumbai and Addis Ababa, the first links between the North and the economic heart of India, and sub-Saharan Africa respectively.

Looking west, Thomas Cook Airlines also started flights to Seattle in May and has increased frequency for next year already.

“It’s also pleasing that the first phase of our £1bn transformation programme will launch next year as the first new pier opens in April. The new facilities in Terminal Two will not only offer significant additional terminal capacity to allow us to grow further but will also offer a first class passenger experience.

“As the financial year progresses, we continue to make the case for the Government’s forthcoming aviation strategy to focus on connecting passengers to the airports up and down the country quicker and more easily.

Northern Powerhouse Rail is key for Manchester Airport and will not just bring the cities of the North closer together, it will also join them all, via the airport, to a range of global cities unrivalled in the North.

“Finally, everyone at the airport took great pride this summer in celebrating our 80th birthday, which saw us engage with a wide range of stakeholders.

Not only did it give us the opportunity to reflect on the airport’s growth and history, it gave us chance to look to the future at everything still to come at the UK’s global gateway in the North.”

Charlie Cornish, MAG CEO, said:

“Our airports are nationally significant assets with the ability to deliver the aviation capacity the UK needs in the coming decade, and their continued growth is being supported by significant investment by MAG.

“A real focus this year has been on securing brand new long haul routes from our airports. To this end, the launch of new daily Emirates flights from London Stansted to Dubai on a three-class Boeing 777 was a magnificent moment for both the airport and the wider region.

We know that the service is already appreciated by businesses from the London-Cambridge corridor who are now using Stansted to travel east, as well as by leisure passengers from London and across East Anglia.

“Similarly at Manchester, we were able to announce new routes to Mumbai and Addis Ababa. These are the kind of links that will form the backbone of the country’s new trading links when Britain leaves the European Union next year, and at MAG we stand ready to connect all parts of the UK to key long haul markets.

At East Midlands Airport, we now facilitate more than £10bn worth of non-EU trade each year.

“As the UK prepares to leave the European Union, we have always been clear that the best result for the aviation industry would be a deal which preserves the liberal flying freedoms and competitive approach to the aviation market that have driven so much important connectivity and economic growth across the continent over the last couple of decades.

“However, we have also welcomed the publication of technical notices from both the UK and the EU which have set out a clear and positive commitment to allowing airlines continued access between the UK and the EU, even in a no deal scenario.

The recent signing of an aviation agreement between the UK and the US is further positive news for passengers.”