Op 1 augustus has ANA Holdings officially completed the acquisition of the freight airline Nippon Cargo Airlines (NCA)with which the company consolidates as the Largest airline in Japan In both passenger and freight transport.
The agreement, originally announced in 2023, was completed after approval by the competent regulatory authorities.
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The acquisition took place via a Simplified stock transaction with Nippon Yusen Kabushiki Kaishathe former parent company of NCA. Thanks to this integration, the freight routes from NCA between Japan, Europe and the United States are included in the international network of the ANA Groupwhich strengthens the position in the world market for air logistics.
Ana is currently operating Six Boeing 767 freight aircraft in Two Boeing 777 freight aircraftwhile NCA has a fleet of Eight Boeing 747-8 cargo aircraft. According to an official statement, the combined fleet will be the ANA Group on the 14th place worldwide bring under freight airlines based on transported volume.
“The strategic integration of NCA’s freight network and expertise with the existing infrastructure of the ANA Group will make us considerably better to meet the needs of our customersSaid Koji ShibataPresident director of Ana Holdings.
With the completion of the merger Ana strengthens its position on the international logistics marketmarks an important step in the growth of Japanese commercial aviation and increases its global competitiveness.
Source and images: x @nipponcargo. This content was created with the help of AI and controlled by the editors.
