ISG seeks relief from Turkey in airport contract

ISG, the operator, is fully owned by Malaysia Airports Holdings Bhd and has a 20-year contract with the government to run Sabiha Gokcen airport until 2034. The contract was worth €1.93bil (US$2.01bil or RM8.88bil).

ISTANBUL: The operator of Istanbul’s second-largest airport Sabiha Gokcen is seeking relief from its current contract after the pandemic hit and is close to reaching a deal with the Turkish government, a top company official says.

ISG, the operator, is fully owned by Malaysia Airports Holdings Bhd and has a 20-year contract with the government to run Sabiha Gokcen airport until 2034.