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]
^ ab(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. from the original on 19 July 2008. Retrieved 30 June 2008.
^ ab(PDF) (Press release). Australia Pacific Airports Corporation Limited. 1 July 2019. Archived from the original (PDF) on 1 March 2021. Retrieved 5 March 2021.
^(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.
External linksedit
Melbourne Airport
April 12, 2024
australia, pacific, airports, corporation, limited, apac, unlisted, company, owner, australian, airports, melbourne, airport, launceston, airport, each, airport, operated, airport, lessee, company, which, apac, controlling, interest, australia, pacific, airpor. 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 Australia Pacific Airports Corporation LimitedCompany typePrivateIndustryAirportsFounded1995 1 HeadquartersMelbourne Airport Victoria AustraliaArea servedAustraliaKey peoplePeter Hay Chairman 2 Lorie Argus CEO 2 RevenueA 1 04 billion 2018 19 3 Net incomeA 390 million 2018 19 3 DivisionsAustralia Pacific Airports Melbourne Pty Ltd Australia Pacific Airports Launceston Pty LtdWebsitemelbourneairport wbr com wbr au wbr corporateAPAC 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 amp Co 8 70 The chief executive officer is Lorie Argus References edit a b 1997 1998 Annual Report PDF Australia Pacific Airports Corporation Limited 1998 Archived from the original PDF on 24 July 2008 Retrieved 30 June 2008 a b c Melbourne Airport Corporate Annual Reports Melbourne Airport Archived from the original on 19 July 2008 Retrieved 30 June 2008 a b 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 External links editMelbourne Airport Retrieved from https en wikipedia org w index php title Australia Pacific Airports Corporation amp oldid 1209280527, wikipedia, wiki, book, books, library,
