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AGS Airports

From Wikipedia, the free encyclopedia
British airport operator

AGS Airports Limited
Company typePrivate
IndustryTransport
Founded30 September 2014
FounderFerrovial
Macquarie Group
HeadquartersLeeds, England, UK
Key people
Kam Jandu (CEO)
Charles Hammond (Chairman)
ProductsAirport operations and services
Revenue£198 million (2023)
£69 million (2023)
(£14 million) (2023)
ParentAviAlliance (78%)
Blackstone (22%)
SubsidiariesAberdeen Airport
Glasgow Airport
Southampton Airport
Websitewww.agsairports.co.ukEdit this at Wikidata
The 3 airports owned by AGS

AGS Airports Limited is the owner ofAberdeen,Glasgow andSouthampton airports. Based inLeeds, England, it was formed in September 2014 byFerrovial andMacquarie Group. In January 2025 it was sold toAviAlliance.

History

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Aberdeen,Glasgow andSouthampton airports were originally owned and operated by the British Airports Authority, which acquired them in the 1970s. In the late 1980s the authority was sold off by the government and became BAA plc.

By 2012 BAA had sold off three of its seven airports and rebranded asHeathrow Airport Holdings (HAH). In 2014 HAH decided to sell off Aberdeen, Glasgow and Southampton to enable the company to focus on improving Heathrow for passengers and winning support for Heathrow expansion.[1]

Meanwhile, AGS Airports was formed byFerrovial andMacquarie Group. In December 2014, three months after being incorporated, AGS acquired Aberdeen, Glasgow and Southampton Airports from HAH.[2]

In November 2024, it was announced that terms had been agreed to sell AGS for £1.53 billion toAviAlliance.[3][4][5] In March 2025Blackstone acquired a 22% shareholding in AGS with AviAlliance retaining the other 78%.[6]

Airports

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AGS owns and operates three airports:

References

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  1. ^"Glasgow airport boss to become chief executive as buyout completed".Glasgow Herald. Glasgow. 18 December 2014. Retrieved1 October 2015.
  2. ^Ferrovial and Macquarie fund acquire Aberdeen, Glasgow and Southampton Airports for GBP1,048 millionMacquarie Group 16 October 2014
  3. ^"More flight routes promised as Glasgow Airport owner sold".Glasgow Times.
  4. ^Macquarie makes 50pc gain in $3b British airport-sell-offAustralian Financial Review 14 November 2024
  5. ^AviAlliance to acquire AGS AirportsAirliner World January 2025 page 20
  6. ^Investment firm Blackstone takes minority share in UK airports managerFlightGlobal 29 March 2025

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