Australia Pacific Airports Corporation

{{Use dmy dates|date=September 2019}}

{{Use Australian English|date=June 2011}}

{{Infobox company

| name = Australia Pacific Airports Corporation Limited

| logo = APAC Logo.svg

| logo_size = 221px

| type = Private

| foundation = 1995

| location_city = Melbourne Airport, Victoria

| location_country = Australia

| area_served = Australia

| key_people = Peter Hay, Chairman{{cite web

| title = Melbourne Airport — Corporate / Annual Reports

| publisher = Melbourne Airport

| url = http://www.melbourneairport.com.au/about_airport/corporate/

| accessdate = 30 June 2008

| archiveurl = https://web.archive.org/web/20080719091223/http://www.melbourneairport.com.au/about_airport/corporate/

| archivedate = 19 July 2008

| url-status = live

}}
Lorie Argus, CEO

| num_employees =

| industry = Airports

| divisions = Australia Pacific Airports (Melbourne) Pty Ltd
Australia Pacific Airports (Launceston) Pty Ltd

| revenue = {{profit}} A$1.04 billion (2018-19){{cite press release

| title = Australia Pacific Airports Corporation Annual Report 2019

| publisher = Australia Pacific Airports Corporation Limited

| date = 1 July 2019

| url = https://www.melbourneairport.com.au/getattachment/Corporate/About-us/Corporate-Information/Annual-reports/AP003ia-4-APAC-AR19_AW.pdf.aspx?lang=en-AU&ext=.pdf

| access-date = 2021-03-05

| url-status = dead

| archive-date = 1 March 2021

| archive-url = https://web.archive.org/web/20210301050547/https://www.melbourneairport.com.au/getattachment/Corporate/About-us/Corporate-Information/Annual-reports/AP003ia-4-APAC-AR19_AW.pdf.aspx?lang=en-AU&ext=.pdf

}}

| net_income = {{profit}} A$ 390 million (2018-19)

| homepage = {{URL|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.{{cite web

|title=Towards a National Aviation Policy Statement

|publisher=Melbourne Airport

|date=7 July 2008

|url=http://www.melbourneairport.com.au/downloads/pdfs/Australia_Pacific_Airports_Corporation_-_Response_to_Aviation_Review_Issues_Paper.pdf

|accessdate=30 June 2008

|archiveurl=https://web.archive.org/web/20080720235956/http://www.melbourneairport.com.au/downloads/pdfs/Australia_Pacific_Airports_Corporation_-_Response_to_Aviation_Review_Issues_Paper.pdf

|archivedate=20 July 2008

|url-status=dead

}}

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.{{cite web

|title = 1997-1998 Annual Report

|publisher = Australia Pacific Airports Corporation Limited

|date = 1998

|url = http://www.melbourneairport.com.au/downloads/pdfs/Annual%20Report%2097-98.pdf

|accessdate = 30 June 2008

|archiveurl = https://web.archive.org/web/20080724032806/http://www.melbourneairport.com.au/downloads/pdfs/Annual%20Report%2097-98.pdf

|archivedate = 24 July 2008

|url-status = dead

|df = dmy-all

}} Each airport is under a fifty year long-term lease from the Australian Government, with options for a further forty-nine years.

The company is majority Australian owned by five Australian fund managers:{{Cite web |title=Melbourne Airport - Melbourne Airport Ownership Information {{!}} Melbourne Airport |url=https://www.melbourneairport.com.au/Corporate/About-us/Corporate-Information/Ownership |access-date=2022-11-18 |website=www.melbourneairport.com.au}}

  • [https://www.dexus.com/ 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.

References

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