CBCity’s third annual business event – CBEvolve – today unveiled how Aeria precinct, home to Bankstown Airport, is to be transformed into NSW’s leading aviation, logistics and sustainability hub.
Canterbury-Bankstown Mayor Bilal El-Hayek joined Aeria Management Group CEO Daniel Jarosch to host the event at its 310-hectare precinct, which is also home to the award-winning Altitude Premier Logistics Estate.

Mayor El-Hayek said as the third busiest airport in Australia, Bankstown Airport and the surrounding precinct supports more than 160 businesses and 6,500 jobs, and contributes more than $1 billion to the NSW economy each year.
“The potential to double the number of jobs and investment in our City is not a ‘pie in the sky’ vision – it’s a reality,” Mayor El-Hayek said.
“It is no surprise that Council’s commitment to providing opportunities to connect, share knowledge and ideas, and form partnerships or collaborations has led us to become one of the most innovative cities in Australia.”
Mr Jarosch of Aeria Management Group, which manages and operates Aeria on behalf of its owner Aware Super, said he was proud to unveil a further $130 million investment in two new major developments, which will set the standard for 21st century airport precincts.
“Our planned $50 million central aviation precinct at Bankstown Airport, including up to nine new hangars, with priority VIP aircraft access, will meet the needs of aviators today and the blue sky thinkers of tomorrow, including electric and hydrogen-powered aircraft and next-generation drones,” Mr Jarosch said.
“These facilities will support Bankstown Airport’s role as the launching pad for advanced air mobility technology and the global transition to decarbonisation.
“Aeria and Canterbury-Bankstown are firmly in the cockpit on the national flight path towards ‘jet zero’.”
Aeria Management Group also announced its plan to develop a major new mixed-use retail and industrial precinct.

“The $80 million development will include new retail facilities and a childcare centre, bringing better services and care to residents, local businesses and families,” Mr Jarosch said.
CBEvolve was MCed by ABC Radio Sydney host James Valentine and featured keynote speaker, Kate Munari – Australia’s only female Navy helicopter pilot to fly combat missions in Afghanistan.
Other highlights of the event included an in-depth look at the aircraft based at Bankstown Airport, including Australia’s first flying car – which will be powered by electricity and hydrogen – emergency services helicopters and multimillion-dollar jets, as well as an exclusive look at the people and businesses driving growth at the hi-tech aviation, technology and retail precinct.
The event also featured an insightful panel discussion among leading industry experts, including:
- NSW Productivity Commissioner Peter Achterstraat AM;
- Aware Real Estate CEO Michelle McNally;
- Toll NSW Ambulance ACE Training Centre GM Diane Tremain;
- Quickstep COO Demi Stefanova; and
- AMSL Aero co-founder Siobhan Lyndon.
