Originally Posted by
STN406
MAG are claiming to still be losing money currently and are in pay deal talks at Stansted so I doubt any big construction projects will take place soon.
A total of £320m was lost by the group behind Manchester, London Stansted and East Midlands airports during its latest financial year. Manchester Airports Group (MAG) added that its combined losses for the last two years stand at £694m. In the 12 months to the end of March this year, passenger numbers were a third of pre-pandemic levels. Compared with 2018/19, revenues were down 80% in 2020/21 and 48% during the following year.
Looks like they are.
https://www.business-live.co.uk/ente...ehind-24421794