All NYK articles
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NewsNext hurdle for ANA acquisition of Nippon Cargo Airlines
Nippon Cargo Airlines Boeing 747-8F. Photo: Daisuke Shimizu/ ShutterstockAll Nippon Airways (ANA) is preparing to face the next hurdle in its proposed acquisition of freighter operator Nippon Cargo Airlines (NCA) from logistics group NYK.The Competition and Consumer Commission of Singapore (CCCS) is now inviting public feedback on the proposed takeover ...
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News
Nippon Cargo Airlines sale confirmed and new CEO appointed
Shipping and logistics group NYK and airline All Nippon Airways (ANA) have entered into a definitive agreement on the transfer of all shares in B747 freighter operator Nippon Cargo Airlines (NCA).The share transfer is due to take place on October 1 following approval of NCA's shareholders and will see ANA ...
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Insights
Putzger perspective: Freighters lose altitude
Since late spring last year, truckers and ocean carriers have been wondering where the bottom of the market is as demand and rates continued to spiral downward.Now a growing number of players in the freighter market are concluding that it’s time to cut back.Management of shipping line NYK no longer ...
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News
ANA to take over Nippon Cargo Airlines
NYK has entered into an agreement to transfer all shares in B747 freighter operator Nippon Cargo Airlines (NCA) to All Nippon Airways Holdings (ANA).The shipping group said that it had made the decision due to the ongoing cost of running the cargo airline."The continuous introduction of new aircraft to expand ...