ANA postpones Nippon Cargo Airlines takeover until May
The long-running takeover of Nippon Cargo Airlines by ANA Holdings has been postponed yet again, ...
NYK Line’s sale of Nippon Cargo Airlines to All Nippon Airways’ (ANA) has been delayed for four months – but ANA’s consequent suspension of its joint-ventures with United Airlines and Lufthansa is a temporary measure, it says, it wants to resume the JVs after it has restructured.
Its interline agreements with the two carriers remain in place.
ANA said last week it was delaying its takeover of NCA, which was due to happen on Sunday. It said the share exchange would now ...
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