Moorabbin Airport

What Moorabbin Airport does

Moorabbin Airport, operated by Moorabbin Airport Corporation (MAC), is a 294-hectare general aviation airport located 14km southeast of Melbourne, Victoria, and wholly owned by Goodman Group (ASX: GMG) under a 99-year lease from the Commonwealth Government granted in 1998. It is Australia's busiest flight training airport, recording 271,864 aircraft movements in FY2024 (9% of all Australian movements) and hosting 14 flight training organisations, 50+ aviation businesses, and approximately 1,350 pilots trained annually across fixed-wing and rotary operations. The site runs 24 hours a day without curfews and operates five runways with more than 12km of sealed surface, supported by ASIC/VIC airside access controls, a digital circuit booking system for flight training, and 4.2MW of rooftop solar generation.

The company monetises a diversified revenue base across four streams: (1) aviation operations fees — landing fees, parking, ASIC/VIC processing, with flight training accounting for 90% of movements; (2) property leasing of hangars, warehouses, offices and showrooms, including the Chifley Business Park developed with Goodman Group, anchored by tenants such as McCormick Foods (22,600 sqm), Spectrum Brands (30,668 sqm), Costco (13,650 sqm) and Stillwell Motor Group (15,903 sqm); (3) retail operations via the DFO Moorabbin outlet centre (130+ stores) and Kingston Central Plaza, serving 4 million annual visitors; and (4) charter facilitation for King Island Airlines, Microflite, Professional Helicopter Services and Kirkhope Aviation.

Its go-to-market is a hybrid of enterprise field sales for aviation and commercial tenants and direct-to-consumer retail. The 2021 Master Plan, approved by the Commonwealth Minister in September 2023, underwrites $285 million of investment over eight years targeting 1,800+ aviation students annually, with a broader precinct economic activity forecast of $1.2 billion and 11 million visitations by 2029. Customer concentration is moderate given 250+ tenants, though aviation traffic is structurally concentrated in flight training and a small number of large industrial tenants dominate commercial property income.

Name

Moorabbin Airport

Legal name

Moorabbin Airport Corporation

Website

https://moorabbinairport.com.au

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

11–50 employees

Short description

Moorabbin Airport is Australia's busiest flight training airport, operating a 294-hectare general aviation precinct under a 99-year Commonwealth lease, serving flight training schools, charter operators, industrial tenants, and 4 million annual retail visitors, wholly owned by Goodman Group.

Ownership category

akta.pro rank

Product category

General Aviation Airport Operations

NAICS

Airport Operations (48811), Flight Training (611512), Other Nonscheduled Air Transportation (481219)

SIC

Airports, Flying Fields & Airport Terminal Services (4581), Air Transportation, Nonscheduled (4522)

akta.pro primary industry

Private Aviation Terminals & FBO Services (THABAFAH)

akta.pro secondary industry

Island & Remote Region Regional Airlines (THABACAL)

Keywords

• General aviation airport
• Flight training services
• Commercial property leasing
• Airport infrastructure operations
• Airside facility management

Headquarters

HQ city

Moorabbin

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Aviation Operations Fees: Landing fees, aircraft parking charges, and fees for airside access including ASIC and VIC card processing. Flight training accounts for 90% of movements.
2. Property Leasing: Leasing of hangars, aviation facilities, office spaces, warehouses, and retail premises. Development opportunities for aviation and non-aviation uses.
3. Retail Operations: Kingston Central Plaza and DFO Moorabbin shopping centers generate retail revenue with over 130 stores and 4 million annual visitors.
4. Charter and Charter Services Facilitation: Facilitation fees from charter operators including King Island Airlines (14,625 passengers annually), Microflite, Professional Helicopter Services, and Kirkhope Aviation

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Moorabbin Airport is a 294-hectare general aviation airport operated by Moorabbin Airport Corporation (MAC) that provides aviation infrastructure, flight training operations, charter facilitation, and commercial property leasing. It is Australia's busiest flight training airport, hosting 14+ flight training organizations, 50+ aviation businesses, and serves 4 million annual visitors across its DFO Moorabbin and Kingston Central Plaza retail precincts.

Product overview

Moorabbin Airport is a 294-hectare general aviation airport operator offering a multi-faceted portfolio of aviation and non-aviation services. The core aviation products include flight training services (fixed-wing and rotary wing through 14+ training organizations), charter flights, and King Island Airlines passenger transport. Non-aviation commercial offerings include commercial property leasing through Chifley Business Park, retail operations via DFO Moorabbin and Kingston Central Plaza, and on-site amenities. The airport is wholly owned by Goodman Group and operates as Moorabbin Airport Corporation (MAC). The product ecosystem is unified by the airport's Master Plan vision to create a world-leading sustainable mixed-use urban site with safe aviation training facilities while supporting commercial, industrial, and retail operations. Community programs and sustainable infrastructure initiatives complement the commercial portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Flight Training Services Australia's busiest general aviation flight training airport, offering fixed-wing and rotary wing flight training through 14+ flight training organizations. Trains approximately 1,350 pilots annually.
• Charter Flights and Air Tours

Quantifiable outcome

• 271,864 aircraft movements in FY2024 (9% of all Australian movements)
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Aviation/Aerospace Australia (A/AA)minorStrategic or Co-development Partner · 1 January 2023MAC Future Leader Sponsorship supporting A/AA National Student Summit Program, enabling student participation from diverse backgrounds in Brisbane and Canberra summits focused on aviation careers.
• St Kilda Football ClubcoreGTM or Marketing Partner · 1 January 2019Long-term partnership through STK Academy including sponsorship of multicultural and indigenous scholarship programs, junior and elite talent pathways. Partnership extended to 2024 and beyond with focus on community building and employment opportunities.
• FareSharecoreStrategic or Co-development Partner · 1 January 2016Seven-year partnership supporting food charity with one-acre plot for kitchen garden producing 100+ tonnes of vegetables annually. Generates nearly 500,000 nutritious meals per year for Victorians in need. Partnership includes funding through Goodman Foundation and support for Reconciliation Action Plans.
• Moorabbin Air MuseumcoreStrategic or Co-development PartnerLocated on airport grounds since 1965, home to Australia's largest historic aeronautical collections. Airport supporting $20m revamp to expand site by 50% with modernised facilities and archive centre.
• Australian Airports Association (AAA)minorStrategic or Co-development PartnerIndustry body membership providing networking, advocacy, and recognition including Metro Airport of the Year award in 2022.
• King Island AirlinescoreChannel Partner/ Reseller/ DistributorRegular passenger transport operator providing 12 scheduled flights per week between Moorabbin and King Island. Only airline specialising in servicing King Island with freight and passenger services.
• MicrofliteminorChannel Partner/ Reseller/ DistributorHelicopter charter and scenic tour operator offering experiences of Melbourne and Victoria from Moorabbin Airport.
• Kirkhope AviationminorChannel Partner/ Reseller/ DistributorScenic flights, air tours and safaris to popular destinations across Victoria and Australia operating from Moorabbin Airport.
• FLYOnEminorStrategic or Co-development PartnerElectric aircraft supplier partnership with BASE Aviation for access to electric aircraft technology as part of sustainable aviation initiative.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Essendon Fields: Melbourne-area mixed-use aviation and business precinct combining airport operations with commercial property. Highly comparable as a private precinct monetising aviation land through industrial/office leasing alongside aviation services.
• Bankstown Airport: Sydney-based general aviation airport also focused on flight training, charter, and aviation support services. Highly comparable as another major Australian private/general aviation hub with a similar tenant ecosystem of flight schools and maintenance organisations.
• Jandakot Airport: Perth-based general aviation airport operated by a private consortium with a strong flight training and charter mix. Comparable in business model as a leased/privatised GA airport hosting aviation training operators and adjacent commercial development.

Broad incumbents

• Signature Flight Support: Global FBO and aviation services provider. Comparable in the private aviation terminal/FBO services segment, particularly relevant to Moorabbin's role hosting charter and private aviation tenants.
• Atlantic Aviation: Largest US-based FBO network providing private aviation terminal services. Comparable in providing infrastructure and FBO-style services to general aviation tenants, including flight training and charter operators.
• Sydney Kingsford Smith Airport: Major Australian commercial airport. While operating at much larger scale and dominated by scheduled airline traffic, it represents the broader Australian airport operator category and benchmark for terminal services and lease economics.

Regional players

• Archerfield Airport: Brisbane-based general aviation airport with significant flight training activity. Comparable as an Australian GA airport serving pilot training, charter, and maintenance tenants, though in a different regional market.
• Avalon Airport: Privatised airport southwest of Melbourne that combines limited commercial flights with industrial precinct development. Comparable as a privatised Australian airport leveraging aviation land for non-aviation commercial monetisation.

Others

• Goodman Group: Listed parent company of MAC and one of the world's largest industrial property specialists. Comparable as the platform through which Moorabbin's non-aviation commercial strategy (Chifley Business Park, DFO) is developed and capitalised.
• Royal Aeronautical Society / Australian Airports Association: Australian Airports Association is the industry body of which MAC is a member and through which it received the 2022 Metro Airport of the Year award. Relevant as an ecosystem-level peer representing the broader Australian airport operator community.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/moorabbin-airport-corporation-pty-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moorabbin Airport