Nippon Yusen Kabushiki Kaisha (NYK) entered into a Memorandum of Understanding (MoU) with ANA HOLDINGS INC. (ANAHD) to transfer entire shares of Nippon Cargo Airlines (NCA), a consolidated subsidiary, to ANAHD.
NYK has been a major stakeholder in NCA’s management since its establishment in 1978, and purchased all of NCA’s shares in 2010 with the goal of becoming a comprehensive logistics company offering ocean, land, and air transportation.
However, the constant introduction of new aviation to...
https://container-news.com/nyk-to-sell-nippon-cargo-airlines/