28-Nov-2008 8:55 AM
Manchester Airport profits fall, airlines and staff exit, but some encouraging signs
Analysis
Manchester Airport Group's (MAG) operating profit fell by almost 5% during 1H08, which includes the usually busy Summer period, as turnover slipped 4.3% to GBP217.3 million and traffic by 2.2% to 16.6 million. Despite continuing to operate "in a highly competitive environment", the Group CEO remains 'upbeat' about the future.
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