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
| 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
{{Reflist}}
External links
- [https://www.melbourneairport.com.au/corporate Melbourne Airport]