airports corporation limited type private industry airports founded 1995 1 headquarters gladstone park victoria australia area served australia key people don mercer chairman 2 chris woodruff ceo 2 revenue a 642 million 2012 13 3 profit a 202 million 2012 13 3 divisions australia pacific airports melbourne pty ltd australia pacific airports launceston pty ltd website 1 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 amp capital investors 29 % industry funds management 24 % deutsche australia 20 % future fund 19 % hastings funds management 8 % the chief executive officer is lyell strambi . 5 apac makes money from charging landing fees to airlines from retail operations and office accommodation within its airports and from parking fees . most aspects of pricing at both airports are monitored by the australian competition and consumer commission and the federal department of infrastructure transport regional development and local government has jurisdiction over airport planning environmental management and aviation safety and security . these were part of the conditions of privatisation of the airports . references edit a b 1997 1998 annual report pdf . australia pacific airports corporation limited . 1998 . archived pdf from the original on 24 july 2008 . retrieved 2008 06 30 . a b c melbourne airport corporate annual reports . melbourne airport . archived from the original on 19 july 2008 . retrieved 2008 06 30 . a b australia pacific airports corporation annual report 2013 pdf press release . australia pacific airports corporation limited . 2013 07 01 . retrieved 2014 06 05 . towards a national aviation policy statement pdf . melbourne airport . 2008 07 07 . archived pdf from the original on 20 july 2008 . retrieved 2008 06 30 . dead link australian aviation external links edit the australia pacific airports corporation website retrieved from https en.wikipedia.org w index.php title australia pacific airports corporation & oldid 738781704 categories airport operatorscompanies based in melbournedeutsche bank1997 establishments in australiahidden categories all articles with dead external linksarticles with dead external links from october 2010use dmy dates from june 2011use australian english from june 2011all wikipedia articles written in australian english navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 11 september 2016 at 01 19 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view