Palmerston North Airport Limited is a Council Controlled Trading Organisation and limited liability company that was formed in December 1989. The registered office of the company is Terminal Building, Palmerston North Airport, Airport Drive, Palmerston North. Palmerston North Airport Limited owns and operates Palmerston North Airport, having acquired the airport business and assets from the former joint venture of the Palmerston North City Council and the New Zealand Government in January 1990. The company has issued 9,195,000 Ordinary Shares. 5,800,000 shares which had previously been partly paid, are now fully paid up.
Since 30 November 2006, all shares are held by the Palmerston North City Council.
