AGS Airports

What AGS Airports does

AGS Airports Limited is a UK airport management company established in 2014 that owns and operates three regional airports through wholly-owned subsidiaries: Aberdeen International Airport Limited, Glasgow Airport Limited, and Southampton International Airport Limited. The group functions as an infrastructure operator with no proprietary technology platform disclosed; its "core technology" is the physical airport estate, terminal facilities, and airfield infrastructure at three locations spanning Scotland (Aberdeen, Glasgow) and southern England (Southampton). The company is privately held by AviAlliance, a private industrial airport investor and operator owned by PSP Investments, which acquired full control from Ferrovial in 2024 for €533 million.

Revenue is generated through two primary streams: aeronautical charges (landing, parking, and passenger facility fees levied on airlines) and commercial non-aeronautical revenue from retail concessions, food and beverage, car parking, and other terminal activities. The customer base is segmented between commercial airlines (the primary segment, including Ryanair, easyJet, BA Cityflyer, United Airlines, Emirates, and others) and airport service providers/retailers operating within terminal facilities. Pricing is negotiated bilaterally and not publicly disclosed. Go-to-market is enterprise field sales: direct airline negotiations for route development and slot allocation, combined with concession leases for commercial tenants.

The company is currently executing a £350 million "AGS Reimagined" transformation program across all three airports — the largest capital investment since 2014 — covering terminal modernization at Glasgow, redevelopment at Southampton, and improvements at Aberdeen. Operational headcount sits in the 1,001-5,000 range, with approximately 1,220 suppliers supporting the group. AGS holds a stated target to achieve net-zero direct emissions by 2035 and complies with the UK Modern Slavery Act 2015 and GDPR requirements. The company is led by CEO Kam Jandu (since January 2025), who joined from Budapest Airport where he spent 15 years including as CEO.

Name

AGS Airports

Legal name

AGS Airports Limited

Website

https://agsairports.co.uk

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

AGS Airports is a UK private airport operator established in 2014 that owns and manages three regional airports — Aberdeen International, Glasgow, and Southampton — under AviAlliance ownership, generating revenue from airline aeronautical charges and commercial non-aeronautical concessions across passenger and cargo services.

Ownership category

akta.pro rank

Product category

Airport Operations

NAICS

Airport Operations (48811), Other Airport Operations (488119)

SIC

Airports, Flying Fields & Airport Terminal Services (4581)

akta.pro primary industry

Aviation Infrastructure Agencies (Public Airports, Airfield Ops, Ground Access) (BPAIALAE)

akta.pro secondary industry

Airport Food & Beverage Concessions (THABALAD)

Keywords

• Airport operations
• Airport infrastructure
• Aviation services
• Airport management
• Passenger handling

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D

Revenue model

1. Aeronautical charges: Charges levied on airlines for landing, parking, and passenger facilities. This is the core revenue stream for airport operations.
2. Commercial non-aeronautical revenue: Revenue from retail concessions, food and beverage, car parking, and other commercial activities within airport terminals.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

AGS Airports operates and manages three UK regional airports—Aberdeen International Airport, Glasgow Airport, and Southampton Airport—providing airport infrastructure and aeronautical services (landing, parking, passenger facilities) to airlines, and commercial non-aeronautical services (retail concessions, food and beverage, car parking, ground services) to tenants and passengers. The group is investing £350 million under the AGS Reimagined transformation programme and targeting net-zero direct emissions by 2035.

Product overview

AGS Airports operates as a unified airport management company overseeing three distinct airports: Aberdeen International Airport, Glasgow Airport, and Southampton Airport. The company offers a portfolio of airport operation services including passenger handling, cargo operations, retail concessions, and ground services across these three facilities. The company is implementing a £350m transformation program (AGS Reimagined) across Glasgow, Southampton, and Aberdeen airports, representing the largest capital investment since the company's 2014 formation. AGS is owned by AviAlliance and is pursuing net-zero direct emissions by 2035.

Differentiator

Problem solved

Functional benefit

Products and services

• Aberdeen International Airport Regional UK airport serving the Aberdeen area and North Sea energy sector with passenger flights, cargo operations, and concession-based commercial services; operated as a wholly-owned AGS subsidiary.
• Glasgow Airport Scotland's largest airport and principal long-haul gateway, serving leisure and business travellers with domestic, European, and intercontinental routes; operated as a wholly-owned AGS subsidiary and site of the AGS Reimagined terminal transformation by Pascall + Watson.
• Southampton Airport Regional UK airport serving southern England with passenger flights and connections to UK and European destinations, including an active runway extension project; operated as a wholly-owned AGS subsidiary.

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered major and core.

• WSPmajorImplementation/ SI/ Consulting Partner · 13 April 2026WSP has been appointed as a design partner for the £350m AGS Reimagined transformation program. WSP will lead development design at Southampton Airport while working alongside Pascall + Watson on the terminal transformation at Glasgow Airport.
• Pascall + WatsonmajorImplementation/ SI/ Consulting Partner · 13 April 2026Pascall + Watson has been appointed as a design partner for the £350m AGS Reimagined transformation program. They are working alongside WSP on the terminal transformation at Glasgow Airport.
• Slave-Free Alliance (SFA)coreStrategic or Co-development PartnerAGS Airports has a partnership with Slave-Free Alliance, who act as their 'critical friend' in addressing the risk of modern slavery. SFA conducted a Gap Analysis in 2021 to assess AGS Group's response to address the risk of modern slavery, identified key risks, highlighted areas of good practice, and recommended potential areas for improvement.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Edinburgh Airport: Edinburgh Airport is Scotland's other major gateway, owned by Global Infrastructure Partners (BlackRock). Directly comparable as a Scottish airport serving overlapping catchment with AGS's Glasgow and Aberdeen operations.
• Manchester Airports Group (MAG): MAG is the largest UK regional airport operator, managing Manchester, Stansted, and East Midlands airports. Directly comparable as a multi-regional UK airport operator with similar airline and commercial revenue mix.
• Birmingham Airport: Birmingham Airport is a UK regional airport with similar passenger mix and business model. Operates as a standalone regional gateway serving its metropolitan area, comparable to Southampton and Aberdeen.
• Newcastle International Airport: Newcastle is a UK regional airport with international connectivity, comparable to AGS's Aberdeen and Southampton airports in scale and traffic mix. Owned by local council consortium.
• Budapest Airport: Budapest Airport is also owned by AviAlliance, making it a direct sister-portfolio peer. Highly comparable as a regional international gateway with similar route development and commercial dynamics.

Broad incumbents

• Heathrow Airport Holdings: Heathrow is the UK's only hub airport, majority-owned by Ardian and Saudi PIF. Comparable as a UK airport operator with similar revenue streams (aeronautical charges, commercial concessions), though operating at significantly larger scale.
• Gatwick Airport: Gatwick is the UK's second-largest airport, owned by VINCI Airports and GIP. Comparable UK airport operator with similar commercial/aeronautical revenue model, though focused on short-haul leisure traffic.
• Fraport AG: Fraport operates Frankfurt Airport and holds stakes in numerous international airports. Comparable as a global airport operator and AviAlliance peer (Fraport operates Athens area slots), with shared exposure to aeronautical and commercial revenue dynamics.
• AENA SME: AENA is the world's largest airport operator by passenger numbers, managing 46+ airports in Spain and internationally. Comparable as a large-scale airport operator with regulatory and commercial revenue expertise.

Regional players

• Aeroports de la Cote d'Azur (ACA): ACA operates Nice, Cannes, and Saint-Tropez airports under a concession model. Comparable as a multi-airport group with similar regional gateway profile, though primarily serving the French Riviera rather than UK traffic.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ABZ_Airport
• LinkedInlinkedin.com/company/ags-airports

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AGS Airports