Dhaka, Dec. 13 -- Negotiations between the Civil Aviation Authority of Bangladesh (CAAB) and the Japanese consortium selected to operate Dhaka airport's Tk21,000 crore third terminal have collapsed again, with key differences over revenue sharing and financial models remaining unresolved.

The latest two-day discussions held on 24-25 November, ended without progress, according to sources involved in the talks.

Consortium representatives said CAAB is reluctant to share revenue from major income streams, instead proposing "an India-style income-expenditure model" that they consider incompatible with international standards.

The terminal, soft-launched in October 2023, was initially scheduled for full operation by December 2024.

Delays in...