Leading Advisors in Project Finance

  • Work Begins on Manchester Airport Transformation Programme

    16 August 2017

    Work on the £1bn Transformation Programme (MAN-TP) of Manchester Airport began on July 21, 2017.

    The MAN-TP involves the expansion of the current Terminal 2 and improvements to Terminal 3. The programme will increase passenger capacity by approximately 20 million people per year from its current level, to a total capacity of 45 million passengers per year. The work is expected to take 10 years to complete.

    Operis completed a review of the financial model used by Manchester Airport to analyse the effects of MAN-TP.


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