Who owns airport City Manchester?

The Manchester Airports Group Plc (M.A.G) is the country's largest UK owned airport operator. Our four airports - Stansted, Bournemouth, East Midlands and Manchester ? serve around 42 million passengers every year.



Airport City Manchester is a landmark 5 million square foot mixed-use development project located adjacent to Manchester Airport. The project is owned and developed by a high-profile joint venture partnership that reflects a massive international investment in the North of England. The primary stakeholders include MAG (Manchester Airports Group), which is the largest UK-owned airport operator, and the Beijing Construction Engineering Group (BCEG), which brought significant Chinese capital and construction expertise to the region. Other key partners in the development have included Greater Manchester Pension Fund (GMPF) and Argent, a leading UK property developer. This collaboration was designed to transform the area into a global business hub, integrating logistics, manufacturing, office space, and hospitality. By 2026, the project has matured into a vital economic engine, successfully leveraging the connectivity of the airport to attract international firms and strengthen the "Northern Powerhouse" initiative by providing a specialized "Enterprise Zone" that offers various tax incentives and simplified planning for businesses.

People Also Ask

Ownership. MAG is majority owned by the ten local authorities of Greater Manchester, with Manchester City Council owning 35.5%. The remaining nine authorities, the Metropolitan Boroughs of Bolton, Bury, Oldham, Rochdale, Stockport, Tameside, Trafford, Wigan, together with Salford City Council, collectively own 29%.

MORE DETAILS

History of BAA plc. BAA plc is a holding company for the world's largest organization of airports. BAA owns and operates seven major airports in the United Kingdom--Heathrow, Gatwick, Stansted, Glasgow, Edinburgh, Aberdeen, and Southampton.

MORE DETAILS

Our structure. MAG's ownership structure is unique and comprises an effective blend of public and private shareholders, including Manchester City Council (35.5%), IFM Global Infrastructure Fund (35.5%) and the nine other Greater Manchester local authorities (29%).

MORE DETAILS

In the US, almost all major airports are government-owned – usually by the local federal or city government. In New York, for example, JFK and La Guardia airports are owned by the City of New York. Newark is owned by the cities of Newark and Elizabeth.

MORE DETAILS