Significant turnaround in financial performance for Glasgow Prestwick Airport

* Revenue increase and operational efficiencies drive profitability * Coronavirus impact on passenger revenues unlikely to recover soon Glasgow Prestwick Airport has reported a significant turnaround in its financial performance, reporting an underlying operating profit of £3m (subject to audit) for the 12 months to 31 March 2020, compared to a £1m loss the previous year. Revenue increased by 46% year-on-year to £36m, up from £24.6m the previous year. Stewart …

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SOUTH AYRSHIRE TO HELP BUILD A FUTURE FOR MANUFACTURING

South Ayrshire is set to play a key role in strengthening Scotland’s manufacturing industry, having secured £2 million of investment for two significant projects. South Ayrshire Council, together with its partners Ayrshire College, Ayrshire Engineering Alliance and the University of Strathclyde, has been awarded funding from the Advancing Manufacturing Challenge Fund (AMCF). AMCF supports projects to help small and medium sized enterprises (SMEs) develop their manufacturing capabilities. A total of …

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Prestwick celebrates SpaceX and NASA success

Congratulations to the SpaceX and NASA teams for their incredible achievement at the weekend! Truly inspiring! What better way to highlight this new era of private, commercial space activity to the world than the Crew Dragon launch on Saturday. Prestwick Aerospace can’t wait to play our role in the new era by supporting UK launch from Prestwick Spaceport! #Prestwick #UKSpace #HorizontalLaunch #SpaceHub #PrestwickSpaceport

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