North Queensland Airways Brisbane, Queensland with De Havilland Dragon eight-seat biplanes. The airline was plagued by many accidents, three of them accompanied by fatalities: Following this final disaster NQA went into liquidation, and on 25 October 1938 its assets were purchased in full by Airlines of Australia. Its airline services were maintained by the new owner and its successor Australian National Airways. North Queensland Airways North Queensland Airways Pty. Ltd. (NQA) was an Australian company established on 7 May 1936 to operate air services in Queensland, Australia. With its headquarters at Cairns, Queensland it initially had a share capital of 50,000 pounds in
Bank of Queensland owned subsidiary in 1982. In 1991 BOQ acquired Stowe Electronic Switching Pty Ltd and renamed it Queensland Electronic Switching Pty Ltd. In 1999, Bank of Hawaii bought 5.8 m shares (approx. 10%) in Bank of Queensland. Two years later Bank of Hawaii sold its 6.2 m shares and 5.4 m convertible notes in Bank of Queensland to refocus on its operations in Hawaii. BOQ acquired the equipment financing business of UFJ Bank in Australia and New Zealand in 2003. The bank also acquired ATM Solutions. In 2004, BOQ opened branches in New South Wales, Victoria, and the Australian Capital Territory.