Manchester Airports Group delivers £6.2 billion of economic value
Manchester Airports Group has delivered £6.2 billion of economic value to the UK economy, alongside a boost to the communities where its four UK airports operate.
A record 12 months for the Group, which saw nearly 52 million passengers using Manchester, Stansted, East Midlands and Bournemouth airports, is the main reason for the hike in economic value.
The airports also made significant headway towards reducing their impact on the environment, mainly via a 15% reduction in carbon emissions and a 41% drop in the number of noise complaints.
The group has also supported the employment of 124,000 people across the UK – a 2.5% yearly rise – with more than 39,000 now under direct employment.
Education has also been a huge factor for the group’s success; through three employment academies and two Aerozone education centres, they have contributed to the development and education of more than 20,000 young people.
The figures, released in Manchester Airports Group’s (MAG) corporate social responsibility report, highlight the powerful role that airports play across the country when it comes to generating economic benefit for both the local community and the UK economy.
The airport group’s CSR director, Neil Robinson, said: “MAG’s approach is guided by our belief that when our business prospers, the regions and communities in which we operate prosper.
“In a year when we have transported a record 50 million passengers, we have managed to significantly reduce our environmental impact through a variety of initiatives such as the introduction of GPS flight path technology that has cut our noise impact and also managing to make Manchester airport’s ground operations carbon neutral.”
Manchester Airport is set to play a significant role in driving forward economic growth in the north, providing international connectivity directly from the area.
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Date Created: 21 September 2016