bill wrote: ↑Thu Jul 04, 2024 7:32 pm
Just my opinion but MAG (or any new owner that bought the group) could sell ABZ and SOU off individually and just keep GLA, raising a couple of quid towards the investment that GLA needs. I don't think personally that MAG would at all interested in eithet the A or the S in AGS. I'm probably miles off it here but just a thought.
Your idea about MAG potentially selling off ABZ and SOU to focus solely on GLA is an interesting one. Clive raised a good point regarding a potential monopoly issues and selling ABZ and in particular SOU could satisfy the regulators. SOU and BOH are close competitors and having them under the same ownership could be an issue.
A portfolio consisting of BOH, STN, EMA, MAN and GLA gives MAG a balanced and strategically positioned presence across the UK while not dominating any single geographic are, mitigating regulatory risk.
Just my opinion but MAG (or any new owner that bought the group) could sell ABZ and SOU off individually and just keep GLA, raising a couple of quid towards the investment that GLA needs. I don't think personally that MAG would at all interested in eithet the A or the S in AGS. I'm probably miles off it here but just a thought.
Your idea about MAG potentially selling off ABZ and SOU to focus solely on GLA is an interesting one. Clive raised a good point regarding a potential monopoly issues and selling ABZ and in particular SOU could satisfy the regulators. SOU and BOH are close competitors and having them under the same ownership could be an issue.
A portfolio consisting of BOH, STN, EMA, MAN and GLA gives MAG a balanced and strategically positioned presence across the UK while not dominating any single geographic are, mitigating regulatory risk.
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You're right. As per Wiki; Ryanair and TUI Airways are the primary users of the airport, which was owned and operated by Manchester Airports Group (MAG), one of the largest British airport operators until December 2017, when Regional & City Airports (RCA) acquired Bournemouth Airport for an undisclosed amount.
I very much agree with you Bill that MAG would and should consider selling ABZ or SOU. I do feel for those who have built up jobs around the AGS group as a whole but the wider impact of GLA up and growing again could eventually counteract that.
I wouldn’t discount AENA here though or indeed any other bidders. I would prefer to see a move away from these money hungry investment firms though, worked great at our neighbour next door but I agree the investment in infrastructure was not good enough at all.