Saturday, 17 May 2008

COUNCIL CHIEF BACK THE MANCHESTER AIRPORT DECISION TO BUY GATWICK: MF AIRPORT PARKING

Bolton Council leader Cliff Morris has welcomed the possibility that the Manchester Airports Group could buy Gatwick Airport .

MAG, which is privately owned by the 10 Greater Manchester local authorities including Bolton, and operates Manchester, East Midlands, Bournemouth and Humberside Airports, is the second-largest UK-based airport operator. According to a report by the BBC yesterday, it could be interested in buying Gatwick Airport, should BAA be forced to sell the hub.

Gatwick Airport is owned by BAA, but the Competition Commission has said it is concerned that the Spanish-owned company also owns London's other two biggest airports, Heathrow and Stansted, and in August may decide to force them to sell one of them. Gatwick is seen as the most likely airport to be offloaded, with a possible price tag of £2 - £3 billion.

MAG's chief executive Geoff Muirhead told the BBC that he would consider buying if BAA did put the airport on the market. He said: ‘We would be interested in any assets that come up, on the premise that we feel we could improve the performance of the group on the back of it, at a price that was sensible.'

Councillor Morris, who is Bolton's representative on the MAG shareholders' committee, said owning Gatwick and improving the area's links with the South could be good news for the region. He said: ‘We have to look at all the options and if Gatwick becomes part of the group it could be very good for Manchester.'

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Saturday, 26 April 2008

BAA TO LET AIRPORT GO TO THE MANCHESTER AIRPORT GROUP?? : MFA IRPORT PARKING

It looks like BAA are going to be offloading the likes of Gatwick and Stansted airport after all and MAG (Manchester Airport Group) are sitting pretty ready to pounce and take over and make a bid.

This can only be good news for Manchester Airport in my opinion due to the expansion of the whole group and better resources or is it? Will it take valuable funds away from Manchester Airport if all goes through and hinder the development of the site?

As far as off site airport parking goes I think this will help all of the off site car parks as if money if floating aroung from the group at other airports surely their focus on their on site parking at Manchester Airport should drop off allowing the offsiters to get more traffic.

Lets wait and see what the outcome is but in my opinion all will go ahead and the Manchester Airport Group will get what they want in the end. They usually do.

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