Executive Briefings

Air Amazon? E-Tailer Could Buy German Airport.

Amazon has explored buying an airport in western Germany, according to a German media report, a move that could further build out the retail giant's plan of operating its own fleet of delivery airplanes.

Amazon has held talks with Frankfurt-Hahn Airport, a money-losing airport that is for sale, according to the German-language daily Sueddeutsche Zeitung, which was picked up by logistics-industry website Lloyd's Loading List.

The report did not say what the discussions were about or how recently they occurred, but it noted that three acquisition offers from unnamed parties have already been made and that a contract was expected to be signed soon.

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Amazon has held talks with Frankfurt-Hahn Airport, a money-losing airport that is for sale, according to the German-language daily Sueddeutsche Zeitung, which was picked up by logistics-industry website Lloyd's Loading List.

The report did not say what the discussions were about or how recently they occurred, but it noted that three acquisition offers from unnamed parties have already been made and that a contract was expected to be signed soon.

Read Full Article