MAG calls for presidency evaluation of journey restrictions
Manchester Airports Group (MAG) has known as on the federal government to hold out an pressing evaluation of its new journey restrictions because the group launched half-year outcomes.
Figures for the primary six months of its monetary 12 months confirmed MAG passenger numbers remained 82 per cent down on pre-pandemic ranges, regardless of preliminary early indicators of restoration over the summer season.
MAG airports welcomed 6.6 million passengers between April and September, in comparison with 36.four million for a similar interval in 2019.
The group, which owns and operates Manchester, London Stansted and East Midlands airports, noticed year-on-year revenues improve by £65 million, however the determine was down 70 per cent on the identical interval two years in the past.
General, MAG reported a loss earlier than curiosity and tax of £76 million for the six-month interval.
Against this, the group returned £173 million in revenue for a similar six months in 2019.
Charlie Cornish, MAG chief govt, mentioned: “The primary half of this 12 months tells a narrative of how journey restrictions held again the restoration of UK aviation, particularly when in comparison with the remainder of Europe.
“As restrictions eased, passenger numbers grew steadily in any respect three of our airports.
“The reintroduction of expensive and inconvenient journey testing necessities has created additional uncertainty and delayed our restoration.
“The federal government has talked overtly in regards to the injury these restrictions trigger to the journey sector, however neither they nor the opposition have recognised the vital have to assist our business in return.
“As a enterprise, we are going to at all times do our half to guard public well being, however we additionally want these non permanent measures to be eliminated when they’re not worthwhile.
“These restrictions could have slowed the arrival of Omicron, however it’s now transmitting in the neighborhood, and the Authorities wants urgently to evaluation whether or not the quickly decreasing advantage of testing justifies the injury it’s inflicting to client confidence.”
This text was initially printed by feedburner.com. Learn the authentic article right here.