MAG (Airports Group)
M.A.G, with four airports – Manchester, East Midlands, Bournemouth and the newly acquired Stansted, serves over 48.5 million passengers, flying to over 250 destinations and handles over half a million tonnes of air freight each year. The Group’s airports and property business contribute over £3bn to the UK economy and support thousands of jobs. M.A.G turnover is c.£580m, with EBITDA of c.£225m. The market capital of M.A.G based on M.A.G (without Stansted) and Stansted valuations would place M.A.G at c.No.84 in the FTSE 100.