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News / NYK Line sells 'costly' Nippon Cargo Airlines to ANA

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NYK Line has bucked the flying liner trend, becoming the first shipping line to ditch its air cargo subsidiary citing too high a cost.

This morning it announced it intended to sell 100% of the shares in Nippon Cargo Airlines (NCA) to rival All Nippon Airways ...

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    All Nippon Airways ASL Aviation Atlas Air Japan M&A Nippon Cargo Airlines NYK Line