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The Independent UK

Travel

Simon Calder

Manchester Airports Group loses £10 per second due to Covid restrictions

Manchester Airports Group MAG Charlie Cornish Covid-19 Manchester Manchester Airport British Airways

Manchester Airports Group

The impact of Covid travel restrictions on the aviation industry has been revealed by the staggering losses of one of its biggest businesses. Manchester Airports Group (MAG), which also owns Stansted and East Midlands airports, lost £10 per second in its last financial year.

MAG lost £320m between April 2021 and March 2022, which was slightly down on the previous loss of £374m.

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