NYK to sell air freight division - Splash247

By A Mystery Man Writer

Japanese shipping line Nippon Yusen Kaisha (NYK) has agreed to sell its air cargo transportation business to compatriot airline All Nippon Airways (ANA). One of the largest shipowners in Japan has sealed a memorandum of understanding that will see ANA acquire all shares in freighter operator Nippon Cargo Airlines (NCA), with the transaction expected to …

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