Manchester Airports Group (MAG) has today announced a £440m investment in Manchester Airport as the transformation of Terminal 2 reaches its final phase. 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 at Manchester Airport more than double in size, with the new facility having received positive feedback from passengers and airlines since opening in July 2021. Yet, the investment announced by the transport hub aims to “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.
The final phase will see planned improvements such as the existing departure lounge at Terminal 2 double in size, offer a wider selection of shops and food and drink outlets and the terminal’s hold baggage capacity more than doubling to over 5,000 bags per hour with two new teardrop check in islands. Plus, following this investment, there will be an additional security hall fitted with next-generation security scanners, a new pier with spacious gates and a new dual taxiway system to improve airfield efficiency with flexible aircraft stands.
This latest investment will complete the transformation of Manchester Airport 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.
In addition, the final phase aims to create thousands of jobs and unlock billions of pounds of economic value for the North over the next decade. 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.
Charlie Cornish, CEO of MAG, said: “Manchester Airport is a key economic asset for the North, and this investment will maximise the contribution it makes to creating a balanced and globally competitive UK economy.
“Our £1.3bn transformation programme demonstrates our long-term commitment to providing a great airport experience for passengers who travel through Manchester. I’m delighted to be announcing the go-ahead for the final phase, which will open in 2025, connecting the people and businesses of the North to dozens more global destinations, and creating jobs and stimulating increased levels of trade and tourism.”
Chris Woodroofe, Managing Director of Manchester Airport, said: “It is hugely exciting to be announcing this significant investment in Manchester Airport. It represents a major milestone in the history of both our airport, and the region as a whole.
“By completing the transformation of Terminal 2, we will not only be offering passengers across the North an unrivalled choice of destinations, but also providing them with world class facilities and a great overall experience when they travel through Manchester. I cannot wait to see the plans come to fruition, for the benefit of all of our customers, colleagues and supporters.”
The expanded Terminal 2 has already welcomed a number of new airlines to Manchester, and seen the launch or relaunch of a string of key routes. Examples include a brand-new service to Kuwait, a revived service to Beijing and a first UK Transatlantic base for AerLingus.