ANA Holdings Inc. to acquire NCA - Nippon Cargo Airlines, following the signing of a basic agreement with NCA owner, Nippon Yusen K.K..

One the acquisition is complete, ANA plans to integrate its cargo operations with NCA in order to expand its freight network and increase competitiveness in the market.

Around 01 October 2023, ANA aims to complete the deal, but first it must determine the cost to acquire all the shares of NCA.