Chinese conglomerate Alibaba looks to invest in Brazilian airport
Several very large companies worldwide have logistics requirements that are such that investment into airports of their own or into strategically located ones might be a shrewd move. One of them is Amazon, which has investigated that potential in the past.
Now along comes Alibaba, which is so big in China that it has managed to outsize the activities of Amazon and E-Bay, with designs on a significant passenger/cargo airport in Brazil in conjunction with a large logistics company, also Chinese.
One potential problem is that the airport in question has failed to live up to the expectations of those companies which invested in its concession; so much so that they have signified their desire to exit it altogether. It is a passenger as much as cargo airport. Could Alibaba run it any better?
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