Shareholders information

100% Australian Owned
Privatisation of Darwin International and Alice Springs Airports occurred on 10 June 1998.  A purchase price of $110.2 million was paid for a 50-year lease of Alice Springs, Darwin International and Tennant Creek Airports with an option to extend that lease for a further 49 years.  Both airports were previously managed by the Federal Airports Corporation (FAC) and formed part of the FAC network. This ownership structure existed from 1 April 1989 to 10 June 1998.

Industry Funds Management Managed Funds (55.6%) is the wholly owned investment management subsidiary of Industry Fund Services (IFS). IFS was established in 1994 to provide cost-effective, innovative and market leading products and services for industry superannuation funds and their members.  IFS has recently announced its merger with Members Equity Bank.  The merged group has some 5 million superannuation fund members Australia wide and around 450,000 sponsoring employers, with a combined asset base of $25 billion.  As at 30 June 2006, IFM had over $10 billion in funds under management across its investment specialisations, including infrastructure, private equity, enhanced and indexed funds and private debt. 

Hastings Funds Management/AIX (28.23%) was established in 1994 and built on the support and foresight of the industry and public superannuation funds. Hastings Funds Management Limited (Hastings) plays a significant role in alternative asset funds management with approximately $3.6 billion in funds under management in infrastructure, private equity, timberland and high-yield debt investments.

Palisade Investment Partners Limited (16.17%) was formed in May 2007 to develop and grow a high-quality infrastructure investment business. Palisade is a member of the Pinnacle Investment Management 'house of boutiques' group and is supported by the business infrastructure resources of the Wilson HTM Investment Group.