A new report says Manchester Airport’s second runway has transformed the Northern economy through stronger trade, investment and international connectivity.
Manchester Airport (MAN) has transformed the Northern economy over the past 25 years, with its second runway driving trade, investment and international connectivity while creating significant opportunities for future growth, according to a new report.
The study, A Route to Growth for the North, concludes that Runway 2 has become one of the region’s most significant pieces of transport infrastructure since opening in 2001, helping Manchester Airport evolve into a global gateway connecting the North with markets representing around 75% of global GDP.
The report argues that stronger international connectivity has supported higher-value exports, growing student and visitor numbers and increased foreign investment across Northern England, while calling on policymakers to build on that momentum through improved transport links, including Northern Powerhouse Rail.
Today, Manchester Airport contributes £9.5 billion annually to the Northern economy, with two runways giving the airport the potential to nearly double passenger numbers from its current 32.3 million.
Economic benefits spread across the North
Analysis included in the report highlights how the North West has continued to strengthen its international economic position over the past decade.
Foreign direct investment into the North West increased by £6.7 billion despite a wider national decline, while the value of global services trade in the region grew by 48% between 2016 and 2023 to reach £59 billion.
The report also found that the number of North West businesses trading internationally rose from 8,300 to 13,100 between 2011 and 2023.
Across the wider North, goods trade increased by 66% between 2010 and 2025, outperforming London’s 50% growth over the same period.
International visitor numbers to the North West have also increased by 122% since 2022, making it the strongest-performing region outside London.
Leaders call for further investment
Ken O’Toole, CEO of Manchester Airports Group, said the findings demonstrate the long-term value created when governments and businesses invest together in strategic infrastructure.
He said airports are far more than transport facilities, describing them as economic catalysts that support regional prosperity while creating jobs and attracting international business.
The report also features contributions from Greater Manchester Mayor Bev Craig and Northern Powerhouse Partnership President Lord Jim O’Neill, both of whom argue that improved rail connectivity would allow more communities across Northern England to benefit from the airport’s international links.
Lord O’Neill said Manchester Airport now serves the wider North rather than Greater Manchester alone, but added that stronger rail connections remain essential to unlocking its full economic potential.
Businesses credit global connectivity
The report includes case studies from businesses across the North that say international connectivity has supported their growth.
Manchester-based life sciences company Qiagen, which now exports globally, said easy international travel helps maintain scientific collaboration across multiple countries.
Expo Stars Interactive, which has supported more than 4,000 events in 53 countries, said Manchester Airport enables Northern businesses to build relationships and export expertise without relying on London.
Packaging manufacturer Duo, whose products are used by major global retailers, said exports now account for 15% of sales, with customers spanning Europe, Asia and North America.
The report concludes that Runway 2’s legacy extends beyond aviation, positioning Manchester Airport as a long-term driver of investment, innovation and economic resilience while highlighting significant untapped potential for future growth across Northern England.
See the rest of the report by clicking here.
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