Australia Pacific Airports Corporation information
Australia Pacific Airports Corporation Limited
Company type
Private
Industry
Airports
Founded
1995[1]
Headquarters
Melbourne Airport, Victoria
,
Australia
Area served
Australia
Key people
Peter Hay, Chairman[2] Lorie Argus, CEO[2]
Revenue
A$1.04 billion (2018-19)[3]
Net income
A$ 390 million (2018-19)[3]
Divisions
Australia Pacific Airports (Melbourne) Pty Ltd Australia Pacific Airports (Launceston) Pty Ltd
Website
melbourneairport.com.au/corporate
Australia Pacific Airports Corporation Limited (APAC) is an unlisted company and owner of two Australian airports: Melbourne Airport and Launceston Airport. Each airport is operated by an airport lessee company, in which APAC has a controlling interest: Australia Pacific Airports (Melbourne) Pty Ltd and Australia Pacific Airports (Launceston) Pty Ltd respectively.[4]
APAC acquired the lease for Melbourne Airport for $1.307 billion on 2 July 1997, and a 90% stake in Launceston Airport for $18.8 million on 29 May 1998. Launceston City Council owns the remaining 10% of Launceston Airport.[1] Each airport is under a fifty year long-term lease from the Australian Government, with options for a further forty-nine years.[2]
The company is majority Australian owned by five Australian fund managers:[5]
Dexus (27.32%)
Industry Funds Management (IFM Investors) (25.17%)
SAS Trustee Corporation (Managed by NSW Treasury Corporation)(18.47%)
Future Fund (20.34%)
Utilities of Australia (Managed by HRL Morrison & Co) (8.70%)
The chief executive officer is Lorie Argus.
^ ab"1997-1998 Annual Report" (PDF). Australia Pacific Airports Corporation Limited. 1998. Archived from the original (PDF) on 24 July 2008. Retrieved 30 June 2008.
^ abc"Melbourne Airport — Corporate / Annual Reports". Melbourne Airport. Archived from the original on 19 July 2008. Retrieved 30 June 2008.
^ ab"Australia Pacific Airports Corporation Annual Report 2019" (PDF) (Press release). Australia Pacific Airports Corporation Limited. 1 July 2019. Archived from the original (PDF) on 1 March 2021. Retrieved 5 March 2021.
^"Towards a National Aviation Policy Statement" (PDF). Melbourne Airport. 7 July 2008. Archived from the original (PDF) on 20 July 2008. Retrieved 30 June 2008.
^"Melbourne Airport - Melbourne Airport Ownership Information | Melbourne Airport". www.melbourneairport.com.au. Retrieved 18 November 2022.
and 28 Related for: Australia Pacific Airports Corporation information
AustraliaPacificAirportsCorporation Limited (APAC) is an unlisted company and owner of two Australianairports: Melbourne Airport and Launceston Airport...
Federal AirportsCorporation (FAC) was a business enterprise of the Government of Australia responsible for the operation of major passenger airports in Australia...
Council and AustraliaPacificAirportsCorporation. The collapse of Ansett Australia in 2001, the introduction of Virgin Blue (now Virgin Australia) and Jetstar...
American corporation Atlas Performing Arts Center, an arts center in Washington, DC, United States AustraliaPacificAirportsCorporation, an Australian airports...
numerous Australianairports, the airport was acquired for $1.4 billion from the Federal AirportsCorporation by Brisbane AirportCorporation (BAC) under...
civilian airports within the Perth metropolitan area, the others being Jandakot Airport and Rottnest Island Airport. Besides the civilian airports, there...
agreement in negotiations with the airport operator, AustraliaPacificAirportsCorporation (APAC), over the design of the Airport station, the opening of the...
April 1989 the Federal AirportsCorporation (FAC) assumed control of the airport. On 10 June 1998, the Government of Australia granted a 50-year lease...
Queensland Airports-owned airports – Mount Isa Airport, Townsville Airport and Gold Coast Airport. 2010 saw Jetstar announce the airport as its newest...
airports in Samoa Airport information for APW at Great Circle Mapper. Source: DAFIF (effective October 2006). Western Samoa Trust Estates Corporation...
holding in Virgin Australia was later reduced, initially via a sale of a half interest to Australian logistics conglomerate Patrick Corporation, and later by...
other Pacific islands and Australia. Its main base is Nauru International Airport. Its head office is on the property of Nauru International Airport, Yaren...
the world's longest continuously operated commercial airports and is the busiest airport in Australia, handling 42.6 million passengers and 348,904 aircraft...
Soil". Pacific Islands Monthly. Vol. XV, no. 6. 19 January 1945. p. 22. Retrieved 24 July 2021 – via National Library of Australia. "JET AIRPORT AT RAROTONGA...
named Skytrax World Airport Awards's best regional airport in the Australia-Pacific region in 2022 and 2024. An early "Adelaide airport" was an aerodrome...
same year, Townsville Airport was given $13 million by the Australian Government-owned operator, Federal AirportsCorporation, to construct and build...
Airports (NQA), operator of the airports at Cairns and Mackay, for about $167 million. Synergies for Auckland Airport with North Queensland Airports include...
two airports. The alliance was expected to generate an extra 176,000 passengers annually through Queenstown Airport. On 22 June 2010, a Pacific Blue...
project in limbo. List of airports in Australia Toowoomba City Aerodrome, a nearby airport which was previously the main airport serving the city "FAC YBWW"...
Authority. Melbourne Airport rail link Commonwealth Aircraft Corporation List of airports in Victoria Transport in Australia "Avalon Airport on track for more...
Airservices Australia is an Australian Government-owned corporation, responsible for providing services to the aviation industry within the Australian Flight...
and civil aviation airport. In 1998, the airport was leased by the Federal AirportsCorporation to the Archerfield AirportCorporation. Today, Archerfield...
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place...
Australian airline Qantas was in talks with the State Capital Investment Corporation (SCIC), who was then managing the government's stake in Pacific Airlines...
www.pacificwrecks.com A-Z World Airports: Jacksons International Airport Media related to Jacksons International Airport at Wikimedia Commons Portal: Aviation...
to acquire US real estate portfolio Queensland Investment Corporation 4 June 2013 Australia's QIC forms $2bn joint venture with Forest City IPE Real Estate...
Global Information
A$1.04 billion (2018-19)[3]