MAG (Manchester Airports Group) this weekend announced a £440m investment in Manchester Airport that will create thousands of jobs and unlock billions of pounds of economic value for the North over the next decade.
The investment will transform the passenger experience at the UK’s third largest airport, with new spacious facilities, state-of-the-art technology and equipment, and an exciting array of shops, bars, restaurants and airport lounges.
It will see Manchester Airport expand its role as the UK’s global gateway in the North, connecting the region to even more international destinations, including some of the world’s most important economic markets.
The investment is the final phase of the £1.3bn Manchester Airport Transformation Programme (MAN-TP), first announced in 2015 with a 10-year vision to revolutionise the customer experience at the Northern hub and unlock the potential of its two full-length runways.
The first phase saw Terminal 2 more than double in size, with the new facility having received positive feedback from passengers and airlines since opening in July 2021.
This latest investment will complete the transformation of Terminal 2, delivering improvement to all stages of the passenger journey – from check-in to baggage reclaim – as well as upgrading its airfield to cater for next generation aircraft.
Upon completion in 2025, around 80% of all passengers will use the expanded Terminal 2, with Terminal 1 set to close – 63 years after it was opened by the Duke of Edinburgh, in 1962.
More than 500 jobs will be created in the construction phase alone, while independent analysis shows around 16,400 extra jobs will be generated by 2040 as a result of the economic activity stimulated by the expansion of the airport and its route network.
The same research – by York Aviation – reveals that Manchester Airport’s current contribution to the Northern economy of £3.5bn is expected to soar by nearly 80%, to £6.3bn by 2040 as a result of the full delivery of the transformation programme.
And a further £2.9bn boost will be triggered through the increased productivity of businesses travelling and trading globally through Manchester over the same period.
Credit https://www.breakingtravelnews.com
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