United Kingdom
United States
Asia Pacific
UK airports receive £325m boost
The four airports in the Manchester Airports Group are to benefit from a £325 million loan. The funding will go towards expanding terminal facilities at Manchester airport, a new terminal at Nottingham East Midlands and further investment at Humberside and Bournemouth airports. The revolving credit facility provided by a group of banks will also be used to refinance exiting debt. MAG financial director Philip Ridal said: “Our strategy involves enhancing the facilities at airports across the group while significantly benefiting passenger comfort. “This £325 million revolving credit facility is another majot step forward for the Manchester Airports Group. It is the first syndicated bank loan for MAG and establishes the Manchester Airports Group name in the banking and capital markets.” Report by Phil Davies
Related News Stories:
Phil Davies
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled