In 2014, Macquarie Asset Management partnered in the creation of AGS Airports – uniting the three airports under one group with the aim of advancing their contribution to the UK’s regional development, enhancing the passenger experience, and delivering more sustainable air travel.
Construction commenced in 2015 on a landmark project to transform facilities for passengers at Aberdeen International Airport. In 2019, significant investment was allocated to enhance access and improve the experience for users of Glasgow Airport.
Following the collapse of key regional carriers, Macquarie worked with AGS Airports to identify solutions that would secure Southampton Airport’s ongoing viability as a regional transport hub.
At Glasgow Airport, Macquarie supported investment in a dedicated pick-up and drop-off facility alongside a new consolidated car rental centre to reduce congestion and improve the flow of traffic. Significant investment was also delivered to expand the airport’s security facilities by 20 per cent, while further diversifying retail and lounge options for passengers.2
Southampton Airport has moved forward with plans to secure its contribution to regional connectivity and growth. The plans involve a 164-metre runway extension to accommodate larger aircraft and diversify the airport’s route network for the benefit of communities across the South East.
Whilst pursuing these projects, AGS Airports has committed to achieving net zero for its direct and indirect emissions (Scope 1 and 2) by the mid-2030s.3 This commitment builds on the group’s success in sourcing 100 per cent of its electricity from renewable energy, introducing the first fleet of zero-emissions electric buses at any UK airport, and achieving carbon neutral status in 2020.4 AGS Airports is also supporting airport users to reduce their emissions, making sustainable aviation fuel available at Aberdeen Airport and exploring the development of infrastructure for hydrogen and electric flight.
AGS Airports connects communities in Scotland and the South East to the world. Its airports underpin the UK’s regional development, and we’re committed to providing them with the resources they need to grow and adapt to the future of aviation.”
Head of Real Assets EMEA
Macquarie Asset Management