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Manchester Evening News
Manchester Evening News
World
Jon Robinson

Losses slashed at Manchester Airport owner thanks to 'pent-up demand'

Losses have been slashed at the owner of Manchester Airport thanks to "pent-up demand" that was released when Covid-19 restrictions eased.

Manchester Airports Group, which also includes London Stansted and East Midlands, has reported losses of £28.2m for the six months to September 30, 2022, compared to £105.2m during the same period in 2021.

Revenue increased from £159m to £537.6m while group passenger numbers jumped 362.1% from 6.6 million to 30.5 million, 84% of pre-pandemic levels.

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