Istanbul Sabiha Gokcen Airport eyeing Malaysian airlines
The Istanbul Sabiha Gokcen International Airport (ISG), operated and owned by Malaysia Airports Holdings, is expecting in the future to receive flights from Malaysian airlines. According to ISG executive director Datuk Azmi Murad, the airport aims to serve more international airlines and now is in constant talks with Malaysia Airlines and AirAsia to consider ISG for their Istanbul route, the Malaysian Insight informs.
ISG chief executive officer Ersel Goral said that informed, that the airport's authority is additionally conducting negotiations with several airlines from Europe and the Middle East. The official also added that from April 2018, Emirates Airlines will have daily flights to Istanbul from Dubai, operating Boeing 777.
The Istanbul Sabiha Gokchen International Airport is one of the two international airports in Istanbul, another is Atatürk Airport. ISG currently serves more than 50 international airlines and about 40 domestic networks. Turkish Airlines and Pegasus Airlines are its major carriers. The airport has the capacity to handle up to 25 million passengers per year. It is the second busiest single-runway airport in the world. Its second runway is currently built and expected to be opened for operation in June 2019.
MAHB was set to be a sole owner of ISG Airport in 2014. Firstly, in 2008, MAHB, Limak and India's GMR Group had formed a 20-40-40 consortium for the development of ISG. MAHB was the designated airport operator partner. In 2014, MAHB increased its interest in ISG to 60% from 20% when it acquired a 40% stake from GMR for €225 million and obtained joint control with Limak Group. Later in 2014, MAHB announced the acquisition of the remaining 40% stake at ISG Airport for an estimated amount of €285 million.
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