Sydney Airport Holdings
| Sydney Airport Holdings | |
|---|---|
| legal form | Limited Company |
| ISIN | ASX: SYD |
| founding | 2002 |
| Seat | Sydney |
| management | Geoffrey Culbert (CEO) |
| sales | 1,639.60 billion AUD . |
| Branch | Airport operator |
| Website | www.sydneyairport.com.au |
| Status: 2019 | |
Sydney Airport Holdings is an Australian holding company that offers a 100% interest in over the Sydney Airport Corporation Sydney Airport has. The company is listed on the S & P / ASX 50 index of the Australian Stock Exchange and is headquartered in Sydney , New South Wales . The holding company's investment policy is to invest funds in accordance with the provisions of the relevant documents of the individual companies within the company. The company consists of Sydney Airport Limited (SAL) and Sydney Airport Trust 1 (SAT1).
history
In 1989, the Australian airline Qantas Airways bought a 30-year lease for the domestic terminal at Sydney Airport, but sold it back to the airport operator in August 2015 for $ 395 million. In 2002, Macquarie Bank bought a 99-year lease at the airport for $ 5.6 billion. The company was known as Macquarie Airports as a combination of trusts managed by the Macquarie Group until it was spun off to form MAp Airports in 2009 . MAp had stakes in Brussels and Copenhagen airports and an 84.8% stake in Sydney airport. In 2011, MAp Airports exchanged its shares in Brussels and Copenhagen Airports for the 11% stake in the Ontario Teachers' Pension Plan (OTPP) at Sydney Airport. In December 2011, MAp Airports were renamed Sydney Airport Holdings. In 2013, Sydney Airport Holdings acquired a 100% stake in Sydney Airport by issuing or buying securities to minority owners of the airport, which included various pension funds .
Individual evidence
- ↑ SYD.AX/people. www.reuters.com, accessed on March 24, 2020 .
- ↑ SYD.AX/financials. www.reuters.com, accessed on March 24, 2020 .
- ↑ profile. www.reuters.com, accessed March 3, 2020 .
- ↑ qantas-sells-lease-on-sydney-airport-terminal. www.wsj.com, accessed March 3, 2020 .
- ↑ macquarie-exits-airport-stake. www.smh.com.au, accessed March 3, 2020 .