Malaysia Airports to revamp Istanbul airport leadership


The Sabiha Gokcen International Airport (SGIA) in Instanbul, one of the two international airports in Turkey

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is making changes to the management of the Istanbul Sabiha Gokcen International Airport (ISG) in line with its plans to transform the business.

In a statement late on Wednesday, the airport operator said Gokhan Bugday had stepped down as ISG chief executive officer effective March 1 to make way for a new leadership to take on a new growth target.

“It (the airport) is now entering a new phase of development and growth and with that, there is a need to shift to a more global perspective to create bigger opportunities for ISG. This entails changes across all segments of the business to ensure that ISG will continue to thrive and compete internationally,” MAHB said.

MAHB managing director Datuk Badlisham Ghazali said with the support from MAHB’s recent and upcoming investments, it expected ISG to not only be a key contributor to the group’s sustainability, but also create further value to the Turkish economy and increase the country’s international appeal.

Aided by the rapidly improving connectivity to and around ISG and the completion of the second runway in year 2018, MAHB expects the airport to double its airside capacity.

“In line with our international expansion strategy, we will continue to derive value from our investment in Istanbul Sabiha Gokcen International Airport, thus enjoying organic growth,” he said.

Badlisham also said the company was grateful for the contribution by Bugday to the growth in ISG over the last eight years.

MAHB manages and operates 39 airports in Malaysia in addition to the international airport in Istanbul.


Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Malaysia implements MPSO 2.0 to boost sustainable palm oil standards
Malaysia's economic momentum to continue into 2025, GDP to grow 6%
Permaju in capital reduction bid
Calls for EU to seek ‘win-win’ tariff position
Retailers face higher costs from hike in power rates
New energy dominates Inner Mongolia’s power supply
CBH Engineering set to capitalise on chip sector
Hong Kong’s billionaire Cheng family aims to sell China toll roads
JS Solar eyes ACE Market IPO
Oxford Innotech eyes ACE Market listing

Others Also Read