1. Manchester Airport and the Northern Powerhouse April 20 2016

2. Manchester Airport - MAN  Officially opened in June 1938  Terminal 1 was opened in 1962 by the Duke of Edinburgh  Terminal 2 followed in 1993  Terminal 3 was opened in 1998  Runway 2 officially opened in 2001 by Tony Blair, making MAN the only airport outside of Heathrow with 2 runways  2004 – The newly built public transport interchange opened  March 2011 – Manchester Airport was confirmed as the location for one of the Government’s ‘enterprise zones’ “We’ve come a long way since Ringway!!”

3. Manchester East Midlands >45 million people, 72% of the UK’s population, live within 2 hours’ drive of a MAG airport Our airports serve more than 250 scheduled destinations with 80 airlines The Largest UK-owned Airport Group THE MANCHESTER AIRPORTS GROUP (MAG) 3 Bournemouth London Stansted

4. Manchester Airport – ‘The Global Gateway to the North’ 3 rd largest airport in UK 23m passengers each year Three terminals Two runways Capacity to grow to 55m passengers p.a Airport City 21,500 employed directly at MAN 46,600 jobs direct+indirect £1.7bn in regional gross value added 4

5. GATEWAY TO THE NORTHERN POWERHOUSE? 5 “Manchester Airport is a Northern Powerhouse in its own right.” Lilian Greenwood MP “If someone already has Manchester Airport, they already feel like they are in the Premier League.” Mike Kane MP

6. Strengths Weaknesses Opportunities Threats Connectivity Route network Room for growth Connectivity UK tax regime Current infrastructure….but addressing Congested SE Spotlight on North Recognition of need for investment US pre-clearance? Transformation Brexit Other cities? Security

7. STRENGTHS 7  Connectivity: Road and rail links comparatively strong  New franchises will further improve  Route network: 210 destinations served  Seven daily flights to Middle East  Singapore, Hong Kong, Islamabad, Jeddah, New York, Washington, Chicago, Miami, Las Vegas, Atlanta + LA and Boston this year  Beijing and San Francisco to come  Room to grow: 23.5m passengers a year now – capacity to grow to 45/55m

8. STRENGTHS 8  Connectivity: Road and rail links comparatively strong  New franchises will further improve  Route network: 210 destinations served  Seven daily flights to Middle East  Singapore, Hong Kong, Islamabad, Jeddah, New York, Washington, Chicago, Miami, Las Vegas, Atlanta + LA and Boston this year  Beijing and San Francisco to come  Room to grow: 23.5m passengers a year now – capacity to grow to 45/55m

9. Strengths Weaknesses Opportunities Threats Connectivity Route network Room for growth Connectivity UK tax regime Current infrastructure….but addressing Congested SE Spotlight on North Recognition of need for investment US pre-clearance? Transformation Brexit Other cities? Security

10. WEAKNESSES 10  Connectivity: 3.25m people within two hours of MAN on public transport vs 12m at Heathrow and 11m at Gatwick  TfN journey time improvements would add a further 5m  Tax regime: Air Passenger Duty placing UK airports at competitive disadvantage  MAN out-performing UK on long haul growth  BUT long haul seat growth on continent over 10 years 30% faster than UK ave.  MAN proposal for long haul APD holiday  Infrastructure: £1bn 10-year investment plan announced  Will gear for growth and deliver world-class experience

11. Strengths Weaknesses Opportunities Threats Connectivity Route network Room for growth Connectivity UK tax regime Current infrastructure….but addressing Congested SE Spotlight on North Recognition of need for investment US pre-clearance? Transformation Brexit Other cities? Security

12. OPPORTUNITIES/THREATS 12  Congested SE: delayed decision on Heathrow vs Gatwick  Slots change hands for £75m  Lead time of 15-20 years provides window of opportunity  Spotlight on the North: MAN at the heart of a resurgent and joined-up North  Northern Powerhouse boosting inward investment and tourism  Acceptance MAN is North’s only “true” global gateway  Understanding of key sectors’ needs  Recognition of need to invest: Northern infrastructure identified by NIC/Chancellor  HS3 and t-p tunnel a positive first step  US pre-clearance: Opportunity for a real USP  Brexit: EU membership has led to growth in low cost market  Other benefits to passengers delivered  Impact on inward investment opportunities  Downturn in target markets  Other cities?  Security

13. Manchester Transformati on Programme InvestmentIncrease in the size of Terminal 2 New food and beverage and retail outlets Jobs created Phased transformation programme Enhancements across the airports

14. Thank you