News
ANA HOLDINGS INC. pushes back deadline for Nippon Cargo Airlines 100% acquisition
March 25th 2024
ANA HOLDINGS INC., parent of Japan’s All Nippon Airways, expects to complete its acquisition of Nippon Cargo Airlines from Yusen Kaisha by July 1 this year. Read More » The new deadline is three months later than the previously announced April 1. “Taking into consideration the time to complete the review of the business combination that will result from the share exchange by the relevant authorities in Japan and foreign countries etc., the company decided to change the effective date of the share exchange from April 1, 2024 to July 1, 2024,” ANA said in a regulatory filing. The intended purchase was announced in July 2023. NCA operates eight 747-8F freighters and has five 747-400Fs flown by other airlines.
