Brisbane Airport Corporation (BAC), the operator of Brisbane Airport (BNE), is a proud, private, non-listed Queensland company, helping employ thousands of Queenslanders and creating economic opportunities for the state and city of Brisbane equating to more than $4 billion annually.BAC acquired BNE from the Federal Government under a 50 year lease (with an option to renew for a further 49 years) for $1.4 billion in 1997.
Since that time, BAC has assumed ultimate responsibility for the operations of BNE including all airport infrastructure investment with no government funding.Operating 24 hours a day, seven days a week, BNE has two major terminals servicing 26 airlines flying to 67 destinations.
It is a suburb in its own right, the largest airport in Australia by land size (2700 hectares) and the third largest airport in Australia by passenger numbers with more than 22 million passengers travelling through the airport in FY15. While maintaining its vision for BNE to be world best and the preferred choice for passengers, airlines, business and the community, BAC manages the airport with a strong focus on community, sustainability, education, knowledge and economic growth, adopting world-leading technologies, systems and practices.
Through this approach, BAC has created a prosperous airport business community within a sustainable environment; developing BNE as a premier gateway airport and a major multimodal transport hub.Currently 420 businesses are located at BNE, servicing a diverse range of industries offering services such as freight and aircraft handling, warehousing, transport and communications, manufacturing, research, property and infrastructure development, education and training, recreation, tourism, leisure and retail.
Collectively these businesses employ around 20,500 people, a number expected to exceed 50,000 (the size of a regional town) by 2029.With passenger numbers also forecast to more than double by 2034, BNE is on the cusp of the most exciting phase of its history which will see more than $3.8 billion privately invested over the next decade to build critical infrastructure at the airport.
Projects include a New Parallel Runway, new car parks and access facilities, terminal expansions, road upgrades, new aprons and aeronautical facilities and a number of new commercial buildings.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 per cent of BAC shareholders are Australian ‘mums and dads’ with their savings invested in superannuation and other funds.
- 17% Colonial First State Global Asset Management and related managed funds
- 4% Commonwealth Bank Group Super
- 13.8% IFM Infrastructure Funds
- 4.9% Motor Trades Association of Australia
- 15.1% National Asset Management Limited as Trustee for the Brisbane Airport Trust
- 25% QIC Limited
- 18.7% Amsterdam Airport Schiphol
- 1.5 % Sunsuper Pty Limited
In acknowledgment of BAC’s efforts, BNE is consistently recognised as a leading airport nationally and internationally including being rated as Australia’s No. 1 airport for quality of service 10 years in a row in an ACCC survey, and 3rd in the 2014 Skytrax World Airport Awards for Best Airport in Australia/Pacific, Best Airport in the World (20-30 million passengers) and Best Airport Staff in Australia/Pacific categories.