New owners for Stansted airport

Stansted Airport has been bought by Manchester Airports Group - the country's largest UK-owned airport operator. They took over the running of the Essex airport today.

Anglia

New owners take over at Stansted airport

Stansted Airport has changed hands and the new owners already have problems to deal with. The biggest airline to use the airport, Ryanair, is angry about a 6% increase in airport charges and says it may pull some of its flights out.

Stansted has been bought by M.A.G. which owns or operates Manchester, East Midlands and Bournemouth airports. Stansted's former owner was forced to sell by the Competition Commission.

Click below to watch a report from ITV News Anglia Business Correspondent Matthew Hudson: