The consortium came into being in 1981, with its members being the three main aircraft manufacturers in Australia at that time—the Commonwealth Aircraft Corporation (CAC), the Government Aircraft Factories (GAF), and Hawker de Havilland (HdH).
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The neighbourhood of Fishermans Bend also has a significant place in Australian aviation history, being the home of several prominent historical Australian aircraft design and manufacturing companies, including the Commonwealth Aircraft Corporation, General Motors Holden, Smorgon Steel, Government Aircraft Factories, the Aeronautical Research Laboratory and regional facilities for Boeing.
The others being the Victa Airtourer (168) and the Government Aircraft Factories (GAF) with 170 twin-engined N22 & N24 Nomads.