BAC purchased Brisbane Airport from the Federal Government in 1997 for $1.4 billion under a 49 year lease with an option to renew a further 50 years. Under this unique leasehold tenure, BAC retains ownership and control of the airport in its entirety for the duration of the lease term up to 2096.
At the heart of our operations, BAC values building collaborative relationships, being proactive and innovative, acting with integrity and commitment, and providing service excellence.
BAC’s shareholders are major Australian and international organisations and significant institutional investors. Approximately 80 percent of BAC shareholders are Australian ‘mums and dads’ with their savings invested in superannuation and other funds.
|25%||QIC Infrastructure Management and related funds|
|19.6%||Royal Schiphol Group|
|17%||Colonial First State Airport Fund and related managed funds|
|4.9%||MTAA Superannuation Fund|
|3.9%||Commonwealth Bank Group Super|