Peel exits Liverpool John Lennon Airport after 28 years as a shareholder
The developer has sold its 47.1% stake in the airport to infrastructure fund manager Ancala, which now owns 94.2%.
Peel Group first invested in Liverpool John Lennon Airport in 1997, buying British Aerospace’s 76% stake. Five years later, the aiport opened its redeveloped terminal.
Since then, Peel has sold off its interest across two major transactions – 35% to Ancala in 2019 and the 47.1% announced today to the same purchaser.
In recent years, the airport has gone from strength to strength, increasing revenues and recording its busiest ever month in August 2025 when more than 616,000 passengers travelling through the airport.
A £9m re-design of the airport’s food and drink, retail, and lounge facilities, has recently completed.
Steven Underwood, chief executive at The Peel Group, said: “The Peel Group is proud of the remarkable progress and success of the airport since our initial investment in 1997.
“Over the years, the airport has not only seen significant growth in passenger numbers and popularity but has also become renowned for the quality of its infrastructure and the overall passenger experience.
He added: “With Ancala’s deep understanding of the airport, their passion for its continued success and a proven track record, we are confident that this new chapter supported by an exceptional management team will enable the airport to build on its strong foundations and continue its trajectory of growth and performance.”
Tim Power, partner at Ancala, added: “Increasing our stake reflects our continued confidence in the airport and its future potential. Through increasing our stake, we were also pleased to offer an attractive co-investment opportunity to our institutional investor base as we drive the airport’s next phase of growth.”
Liverpool City Council retains a 5.8% stake in the asset.
Cllr Liam Robinson, Leader of Liverpool City Council said: “The longstanding and constructive relationship we’ve shared with Peel and Ancala, whose commitment to the airport has driven significant investment and regeneration, has helped to establish Liverpool John Lennon Airport as one of the best in the UK.
“We’re looking forward to continuing the positive and collaborative partnership we already have with Ancala, delivering continued growth and opportunity for the airport and our city.”
Financial details of the transaction were not disclosed.


We need to be closing our airports. It’s not sustainable.
By Anonymous
Personal view. LJL has under-achieved vs its potential.
By Rich X
The airport needs a Merseyrail station and/or a tram that goes all the way to the Everton Stadium or Bootle Strand
By GetItBuilt!
It’s a pleasant airport but it was disappointing to lose Lufthansa. Need to get more flights to big European cities in the short term.
By Carl
Sounds like good news, and this is a crucial stage for the airport which needs to move up to another level. We need an extended runway and an extension to the terminal and aim to get some US flights in or to the Middle East.
Liam Robinson needs to talk to Mayor Steve and get a Merseyraiĺ station loop going to the terminal, sooner rather than later, as that would make things so much more convenient for passengers changing at Liverpool South Parkway or arriving from the city centre.
By Anonymous
I use LJLA frequently, its extremely good to travel through. I look forward to its continuing growth offering a hassle free alternative to Manchester. Now bring a railway station to the terminal
By Carl S
Jet2 was welcome but we need more routes to bigger cities like Munich, Oslo and Athens. No one is expecting Liverpool to fly to Tokyo or Shanghai but we need more routes.
By TF78
LJL has achieved more than many other UK regional airports in the UK who only seem to fly people out on holidays rather than attract tourists and investors to the UK. For LJL to go further it also needs better public transport links i.e. rail to the city centre and also UK rail mainlines (and to Manchester airport) to make it truly accessible and provide choice. Above us only sky (blue thinking)
By John Walrus
@Getitbuilt! Agree.. The airport has needed a proper rail link for 20+ years.. The Festival Gardens site should be the catalyst as it’s a nice halfway point… The stadium should have had a tram line as part of the development.. but its Liverpool Council so shudda and wudda are all we’ll hear…
By P C McGarry
@ Anonymous 9.28am.. How is it not sustainable? What isn’t sustainable is the loss of over 400,000 jobs linked to air travel and tourism along with £20 billion added to our GDP. There are 12,000+ aircraft on order books… sadly my green friend this beast is too big to kill of.. Grab a suitcase and enjoy it, something else will get us before we melt…
By M O'Leary
I remember when Peel first became involved at Liverpool Airport. It was a modest airport with 500,000 passengers. Today it’s an international airport with superb facilities and 5m passengers. Good luck to Ancala on the future progress of LJLA. LJLA management should be applauded for their success.
By TJL
It would be great for LJL to have a railway, bigger runway, connections to the USA, middle east and beyond but remember it took Manchester airport 50 years of sustained investment to get to that point. Some realism is needed when it comes to the wishlist for the airport. Sustained steady growth with connections to European destinations and maybe more cargo flights should be the start with a long-term plan for continued growth including a rail link.
By Anonymous
Looks like good news which will bring in more investment to take the airport to an even higher level. It’s a great airport to use , better , faster and far more pleasant than Manchester. Shame that inspite of its positive development over the years it did s have even more destinations. The station has been a long standing issue , there are very major problems getting a line to the airport given the housing and employment sites blocking the way ….in London they would do a tunnel but it’s expensive. Perhaps if the proposed new Liverpool Manchester line ever happens with the new station to the east of the airport that might help
By George
The dedicated line from central Liverpool to the airport is a priority.. bring big money in.. go high end.. leave Manchester to it’s.. current clientelle
By Anonymous
Its been blatantly obvious a serious city and airport needs a tram link into the city center and now to the new EFC stadium . Unfortunately the only people not able to recognise that is LCC an Mr Rotheram . Know doubt whilst still spinning the never to happen Mersey Barrage he will tell us to be grateful for a bendy bus . Its embarrassing and incompetent . Most major city’s and some smaller areas in the UK have a tram system except Liverpool , why ?
By Paul - Woolton
I have personally AVOIDED LJL Airport due to the ridiculous drop-off charges and collusion with Liverpool Council over double red lining of approaches. Why can’t folk pull over and drop off family without being fleeced?
By Ian
Further to my previous comment. Surely a Merseyrail link makes sense. Come on Mayor – fix it!
By Ian
Need train link and it wil be used more
By Anonymous
@ Ian 2.20pm, yes Liverpool City Council have a fixation about motorists, and you get the impression they want no cars on the roads at all. The parking restrictions at the airport are over the top, as are their parking charges in the city centre now extended from 6pm till 11pm. They will soon find out that less people are going downtown to the theatre or for meals out, and will be wondering why shops and businesses have closed down.
If we had a fabulous, comprehensive, tram or metro system you could understand, but we haven’t .
By Anonymous
Peel selling off the last of the family silver – everything must go?
By What's going on?
Please drop the parking fees to an affordable level so that holiday makers don’t bypass the car parks in favour of local residential roads.
Also, as recompense for all the heathland that has been encroached upon by the expansion. Try and invest in the area surrounding the airport and help create a beautiful scenic space instead of trying to concrete over one of the last vestiges of open space that we have in the area.
By Janet Hughes
We need transport to the airport that is fit for purpose, eg somewhere to put suitcases like buses on the continent that serve their airports.
By Philip Walker
It all sounds like a good deal. What about the parking fiasco, the red lines on public highways stopping you from parking. It discouraging when you use the airport. Manchester airport is even worse.
By Poppy
An airport named after one of the most famous people to ever grace this planet needs a Scouse Equivalent of Andy Burnham to promote it for what it’s worth. No point asking Ali Bongo Rotherham. He is too busy planning his Mersey mirage barrage with the Teletubbies.
By Stephen Hart
I flew into a small German airport and had three options to Munich.. all inexpensive and with regular services. Again in Bergamo Italy where an express bus links to the cities main bus & train depot every 20 minutes for a couple of quid.. It is done all over Europe but here we have little option but to take a car or taxi… We can only hope eh?
By G McCain
The trouble with Liverpool is there are too many who simply want to rebuild it and profiteer from that.. whereas what it needs are caretakers of what’s already there, enablers for transport and movement, creatives to stimulate culture and work, and visionaries to see how those two essentials can feed into a future.. what Liverpool has instead are not these protective Liverbirds.. but vultures
By Anonymous
JL Airport is great. Not too big, staff are wonderful. Although £35 for a bottle of wine at the kissing gate is extortionate.
By Anonymous
LJLA is great if you want a quick trip with the girls and a glass of presecco.
We don’t want serious destinations.
By Anonymous
@ Anonymous 12.49pm, if you don’t make a profit you go out of business or struggle to survive, and that even applies to the public sector. The airport is growing and that’s the time to invest in the future not sit on your hands and worry if you’re making too much profit or not.
By Anonymous
Anonymous 12.49pm, “if you don’t make a profit you go out of business or struggle to survive, and that even applies to the public sector. ” This simplistic thinking explains why China is getting richer and richer the UK ever poorer.” The “economics” of a shopkeeper applied to a national economy is the direct path to national ruinl
By Anonymous
Liverpool John airport is a glorious airport, the first in the world but I would like to see more tea room’s and toilet’s installed to make it better and make it so you can fly to America too!!
By Mary Woolley
It’s a nice Little airport alright, and that’s the point..it’s a great counterpoint to Manchester.
By Anonymous
The airport is low cost, definitely needs a rail link the proximity to Manchester Airport will not bring in major airlines. Sorry to say. Manchester moved on while Liverpool slept. Manchester has it all. Capacity, modern terminals, 2 runways, maintenance facilities.. Liverpool will stay Lo Co..
By Kenp
LPL airport needs either a railway link or low cost bus shuttle to the nearby railway stations then it will really take off.
The Northwest of England has a lot of places and events people would want to visit.
Low cost domestic flights could connect with low cost international flights through this airport.
LPL is an easier more pleasant experience than MAN.
By Andy L
The bus and train links to the city centre and north Liverpoolare appalling and the inability to buy a straight through transport ticket before 09.30.
Direct bus shuttle to the airport from South Parkway needs to hallen immediately as it is not hard to introduce
By Anonymous
Does this mean the yellow and black ‘LIVERPOOL AIRPORT CONSTRUCTION TRAFFIC’ sign at the roundabout on Speke Hall Avenue which has been there pre 1997, can be removed?
By Dave
LJL’s size is its strength. The experience of travelling from smaller airports will generally be easier but it definitely needs better connectivity. It’s never going to compete with Manchester though for sheer choice of destination…and that’s a good thing.
By Anonymous
The North West and surrounding areas must have a population if at least 8 million which is plenty to support 2 airports. There’s no reason why Liverpool Airport should not be allowed to grow and handle 10-12 million passengers, and therefore it needs better transport links by way of road and rail. To do this the M57/Knowsley Expressway should be extended to the airport, meanwhile a rail link should be via Liverpool South Parkway as part of Merseyrail.
By Anonymous
We don’t want pollution. We don’t want to be Manchester and it’s certainly not healthy to want to be better at any cost.
By Bixteth Boy
@ Bixteth Boy, what we want is no planes, no cars, no trucks, no ships, no factories, no cows, etc as they all cause pollution and negatively affect the environment.
We might as well all pack up and go home, by horse and cart.
By Anonymous
@Bixteth Boy, behave, you’d be surprised at how much freight is carried by air, it is a vital part of the logistics cycle.
By Just saying?
‘We don’t want buildings , transport infrastructure or development of any kind and if only we could kill further development of the airport we would. …you can’t make these people up!!
By Bungalow Bill