MAHB OPEN TO PARTNERSHIPS
Airport operator welcomes any potential party that can add value to its Turkish assets
MALAYSIA Airports Holdings Bhd (MAHB) is open to having partners who can add value to its wholly-owned Istanbul Sabiha Gokcen International Airport (ISG).
Managing director Datuk Badlisham Ghazali said the company had already added value to the airport by improving its passenger traffic from four million about seven or eight years ago to 29 million now.
“Being the fastest-growing airport in Europe, it would certainly draw a lot of attention.
“But there is still a lot to be done, and we welcome any potential partners to add value to the airport,” he said after launching the Airport@Community programme, here, yesterday.
He did not comment on reports about MAHB’s plan to sell its stake in ISG, but reiterated that the company would remain ISG’s major shareholder.
He also declined to give a time frame for the sale plan.
On whether TAV Havalimanlari Holding AS was among firms that had approached MAHB over a stake sale, Badlisham said: “We are friendly with a lot of people.”
TAV Havalimanlari is the operator of Ataturk International, the largest airport in Istanbul.
On whether MAHB had asked any banks to play an advisory role in the deal, he said an announcement would be made at the right time.
“Currently, we are happy to run the airport on our own,” he added.
Meanwhile, MAHB has allocated RM150,000 for its Airport@ Community programme.
Of the amount, RM30,000 will be spent to repair three houses in the Sepang district. Bernama
Malaysia Airports Holdings Bhd managing director Datuk Badlisham Ghazali (inset) says the company has added value to the Istanbul Sabiha Gokcen International Airport by improving its passenger traffic from four million about seven or eight years ago to 29 million now.