The airport is owned and managed by the Manchester Airport Holdings (trading as MAG), a holding company owned by the Australian finance house IFM Investors and the ten metropolitan borough councils of Greater Manchester, with Manchester City Council owning the largest stake.
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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%).
Ken O'Toole FCAKen O'Toole was appointed MAG's Chief Executive Officer in October 2023. He previously served as Deputy Chief Executive, and prior to that was the Group's Chief Development Officer.
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.
In the United States, there is only one privately owned and operated airport with scheduled commercial service: Branson, MO, which only has seasonal service to three other destinations.
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.
Atlanta Hartsfield-Jackson International Airport remains the busiest airport in the world with 5.2 million seats in September 2023. The composition of the Global Top 10 Busiest Airports is also the same as last month but there are a few changes to the rankings.
Manchester United plc., a company incorporated in the Cayman Islands, is the ultimate parent company of Manchester United Football Club. Manchester United plc is listed on the New York Stock Exchange. The only person holding 10% or more of the voting rights in Manchester United plc is the Glazer family.
In October 2012, 10% of Heathrow Airport was sold to the China Investment Corporation - China's sovereign wealth fund. The deal took ownership of Britain's busiest airport to more than 40% controlled by the Chinese, Qatari and Singaporean governments.
The United States was the country with the highest number of airports in the world. In 2022, there were over 13,513 airports in the North American country.