Bankstown Airport Limited
BAL
1 July 1998 – 15 December 2003
Commonwealth-owned company that held the lease of and operated Bankstown Airport, Sydney's main general aviation airport, from the break-up of the Federal Airports Corporation until its sale in 2003.
How it came into existence
Took over Bankstown Airport from the Federal Airports Corporation on 1 July 1998, when the corporation's Sydney basin general aviation airports were placed in three Commonwealth-owned companies (Bankstown Airport Limited, Camden Airport Limited and Hoxton Park Airport Limited) ahead of privatisation.
- Operation of Bankstown Airport
Changes during its life
- 9 April 2003The government announced that its shares would be sold with the existing airport lease, which had about 45 years to run with an option for a further 49 years.
How it ended
Privatised: the Commonwealth's shares were sold, with those in Camden Airport Limited and Hoxton Park Airport Limited, to the BaCH consortium, whose winning bid was announced on 14 November 2003; the sale settled on 15 December 2003.
Main functions
- Operation and management of Bankstown Airport
- Airport property and tenancy management
- Airport planning and development
Where it sits
Last in the portfolio of Department of Transport and Regional Services.
Lineage
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Sources
Government records and websites
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.