Our History
Queensland Airports Limited (QAL) was established in 1998 with the acquisition of the 99-year lease for Gold Coast Airport from the Federal Government, marking the beginning of our journey and laying the foundation for future growth.
In 2005, QAL acquired Townsville and Mount Isa airports, marking a significant step in the growth of the organisation and broadening its role in connecting regional Queensland. The purchase of Longreach Airport in 2012 further strengthened the network and cemented QAL’s role as a key contributor of economic growth for communities across the state. Together, these airports are critical pieces of infrastructure that support their regions and contribute to QAL’s overall success.
Since then, QAL has delivered major terminal redevelopments, runway and airside upgrades and aviation precinct developments across the network. These projects have supported the growth of passenger numbers, enabled the introduction of new airlines and routes, and increased capacity for both domestic and international services.
QAL has also advanced sustainability initiatives, including solar installations, improved environmental management and accreditation under the Airports Council International Airport Carbon Accreditation program.
Today, QAL operates a portfolio of four airports that are integral to the communities and economies they serve, with a clear focus on long-term growth, resilience and sustainable development.
Since QAL acquired Gold Coast Airport in 1998, QAL has continued to make major investments in infrastructure, acquisitions and developments that have strengthened our airports and the communities they serve.
1998
Gold Coast Airport acquired
- Gold Coast Airport Pty Ltd acquired 99-year airport lease from the Federal Government on 28 May 1998
2003
Queensland Airports Limited is formed
- Queensland Airports Limited (QAL) is formed as part of corporate restructure of the shareholding of Gold Coast Airport Pty Ltd, assuming 100% ownership of Gold Coast Airport
2005
Townsville and Mount Isa airports acquired
- QAL acquired 100% ownership of both Townsville Airport Pty Ltd and Mount Isa Airport Pty Ltd on 15 March 2005
2007
Gold Coast Airport runway extended and new terminal opened
- QAL completed a runway extension at Gold Coast Airport, taking the runway to 2500m and opening the airport to wide-bodied aircraft.
- QAL celebrated the opening of the new $100 million passenger terminal redevelopment at Gold Coast Airport
2012
Longreach Airport acquired
- QAL acquired 100% ownership of Longreach Airport Pty Ltd
2016
GOLD COAST AIRPORT EXPANSION APPROVED AND SOLAR INSTALLED AT LONGREACH AIRPORT
- Federal Government approved Major Development Plan for Project LIFT (Let’s Invest for Tomorrow) terminal redevelopment at GCA
- Instrument Landing System (ILS) Major Development Plan approved by the Federal Government
- QAL purchased Border Park raceway and Wollemi sites, near Gold Coast Airport, for future development
- Gold Coast Airport opened a three-storey commercial building, Ivy Pearce, in the airport precinct
- Solar installation project completed at Longreach Airport, involving installation of 396 solar panels on the roof of terminal building
- Wildlife proof fencing around Longreach Airport perimeter completed
2017
GOLD COAST AIRPORT MASTER PLAN APPROVED AND MOUNT ISA AIRPORT CAR PARK UPGRADE COMPLETE
- Gold Coast Airport Master Plan received Federal Government approval
- $3.5 million car park upgrade completed in Mount Isa, including installation of 820 solar panels
2018
NEW APRON & TAXIWAY DELIVERED AT GOLD COAST AIRPORT AND AIRPORT HOTEL APPROVED
- Gold Coast and Townsville airports welcomed athletes, officials, VIPs and spectators for the 2018 Commonwealth Games
- $86 million airside upgrade at Gold Coast Airport completed, involving construction of new apron and taxiway
- Gold Coast Airport received Federal Government approval for hotel Major Development Plan
2019
Gold Coast Airport breaks ground on Southern Terminal Expansion and airport hotel
- Construction commenced on a $50 million Rydges-branded hotel at Gold Coast Airport
- Gold Coast Airport’s Instrument Landing System (ILS) was switched on in February
- Construction commenced on Gold Coast Airport’s southern terminal expansion project
2020
Gold Coast Airport Hotel completed and new entrance road opened for Townsville Airport
- Rydges Gold Coast Airport hotel completed
- Civil works were delivered for an Airside Processing Zone (APZ) at Gold Coast Airport
- An overlay was completed on the southern 450 metres of the Gold Coast Airport runway and adjoining taxiways, and priority airside works were delivered
- Meenan Street extension delivered at Townsville Airport
2022
GOLD COAST AIRPORT TERMINAL EXPANSION OPENED AND TOWNSVILLE AIRPORT SECURITY UPGRADES COMPLETED
- The $260 million Gold Coast Airport terminal expansion completed
- International Terminal officially opened by Senator the Hon Murray Watt
- Townsville Airport’s security upgrades completed
2024
TOWNSVILLE AIRPORT MASTER PLAN APPROVED AND TERMINAL UPGRADES DELIVERED
- Federal Government approved Townsville Airport 2023 Master Plan
- Townsville Airport completed $4mil Vertical Transport Project in departure lounge
- Gold Coast Airport completed ~$17mil retail refresh in domestic terminal
2025
New owners for QAL and Gold Coast Airport Master Plan approved
- State Super, Australian Retirement Trust and The Infrastructure Fund managed by Macquarie Asset Management sold 74.25% ownership of QAL to KKR and Skip Capital.
- QAL signed a Power Purchasing Agreement with CS Energy to provide 100% renewable energy to Gold Coast and Townsville airports for 7 years from 1 January 2025
- Queensland Airports Limited's (QAL) Gold Coast, Townsville, Mount Isa and Longreach airports achieve Level 4 Airport Carbon Accreditation (ACA)
- Gold Coast Airport 2024 Master Plan Approved
Essential Information
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