Manchester Airport Group (MAG) bosses have announced a £440m investment in the final phase of its £1.3bn transformation programme.
The huge project will create thousands of jobs and unlock billions of pounds of economic value for the North over the next decade.
The investment is set to transform the UK’s third largest airport, attracting new routes for the North’s global gateway, connecting the region to even more international destinations, including some of the world’s most important economic markets.
The new spacious facilities, including state-of-the-art technology and equipment, and an exciting array of shops, bars, restaurants and airport lounges, will provide passengers with a great airport experience as they travel.
The airport’s transformation programme was 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 more than double in size, with the new facility having received positive feedback from passengers and airlines since opening in July 2021.
The second phase will complete the new T2 building, improving all stages of the passenger journey – from check-in to baggage reclaim, as well as upgrading its airfield to cater for next generation aircraft.
The expanded terminal is expected to be completed by 2025 and will see 80% of passengers use it as Terminal 1 will close 63 years after it was opened by the Duke of Edinburgh, in 1962.
The build will create 500 jobs on 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.
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,” he added.
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.
He went on to add:“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,” he added.
Andy Burnham, Mayor of Greater Manchester, praised the plans saying: “Manchester Airport is a massive asset to our city region, connecting those living and working here to global destinations, as well as helping attract visitors, tourists and inward investment.
“The further investment in the Manchester Airport transformation programme will enhance Greater Manchester’s international credentials and make a major contribution to the northern economy.
“The project is also doing a huge amount to create employment for people from all backgrounds and providing training that will ensure it leaves a skills legacy for future generations.”