Nippon Cargo Airlines
About
Established in 1978, Nippon Cargo Airlines is a Japanese cargo airline based in Minato, Tokyo. The carrier operates scheduled cargo service to destinations across Asia, North America and Europe.
On 07-Mar-2023, Nippon Yusen Kabushiki Kaisha (NYK) and ANA Holdings Inc signed an agreement for ANA Holdings to acquire 100% of NYK's shares of Nippon Cargo Airlines. Following execution of the agreement, Nippon Cargo Airlines will be a wholly owned subsidiary of ANA Holdings, while NYK will acquire 3.9 million shares in ANA Holdings.
ANA Holdings Inc postponed plans to acquire 100% of NYK shares in Nippon Cargo Airlines and will execute the share exchange agreement with NYK on 31-Mar-2025.
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