UK airports operator Manchester Airports Group (MAG) is rolling out a £1 billion ($1.3 billion) investment program and swapping the CEOs of Manchester and London Stansted airports into one another’s roles. Current Manchester Airport CEO Ken O’Toole has held his position since February 2013, while Stansted Airport CEO Andrew Cowan has been in place since April 2016. The two executives will switch roles in September. “Both airports are about to embark on significant ...

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