A "rapid increase in pent up demand for travel" has helped the owner of Manchester, London Stansted and East Midlands airports achieve over £1bn in revenue and slash its losses.
Manchester Airports Group has reported a revenue of £1.027bn for the 12 months to the end of March 2023, up from £461.2m, while its pre-tax losses have been cut from £185.9m to £59.4m.
The group's passenger numbers surged from 20.5 million to 54 million during the year, 91% of pre-pandemic levels.
