Manchester Airports Group
| Manchester Airports Group (MAG) | |
| Company type | Public holding |
| Industry | Transport |
| Founded | 2001 |
| Headquarters | Manchester Airport, Manchester, Greater Manchester, England, United Kingdom |
Key people | |
| Products | Airport operations and services |
| Revenue | £893.4 million (2020) 3.7% |
| £382.1 million (2020) 6.8% | |
| Total assets | £4.2144 billion (2020)< 0.01% |
| Total equity | £1.3457 billion (2020) 9.8% |
| Owner |
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Number of employees | 40,000 |
| Subsidiaries | MAG Developments CAVU Manchester Airport Stansted Airport East Midlands Airport |
| Website | www |
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 in 2010 while MAG retained £80 million from the £100 million profit.