・ANA HOLDINGS INC. has initiated a strategic reorganisation of its group-wide cargo business to accelerate decision-making, optimise cost structures and maximise profitability following the integration of Nippon Cargo Airlines.
・The initiative is targeted for completion by the end of FY2026, contingent upon Nippon Cargo Airlines maintaining its Air Operator Certificate (AOC) following the reorganisation.

ANA HOLDINGS INC. announced the commencement of a strategic reorganisation of its group-wide cargo business companies. The move reinforces the ANA Group’s commitment to strengthening its cargo business, maximising groupwide synergies and positioning the cargo sector as a primary engine of sustainable growth. The reorganisation is strategically engineered to accelerate decision-making, optimise cost structures and enhance overall profitability across the cargo segment.

ANA HD’s acquisition of Nippon Cargo Airlines Co., Ltd. (hereinafter “NCA”) on Aug. 1, 2025, positioned the group as Japan’s largest combination passenger and cargo carrier. Significant operational synergies between All Nippon Airways Co., Ltd. (hereinafter “ANA”) and NCA are actively yielding results, including the mutual utilization of cargo space and the successful launch of cargo codeshare flights on key North American and European routes on Oct. 26. The upcoming reorganization represents the critical next step, designed to fully leverage this robust foundation to unlock maximum strategic advantage.

Recognising the cargo business as an indispensable pillar of the group’s sustainable growth, ANA HD has conducted extensive analysis to define the optimal organisational structure to create synergies between ANA and NCA. As a result, ANA HD has decided to begin considering and preparing for the reorganisation of group-wide cargo business companies in order to further develop strong foundation. The reorganisation is targeted for completion by the end of FY2026, with NCA retaining its Air Operator Certificate (AOC). Further details regarding specific entities and the implementation plan will be determined as strategic evaluations continue.

The global cargo market continues to evolve rapidly, driven by dynamic shifts in supply chain demands. Leveraging the reorganisation will combine NCA’s robust fleet of dedicated large freighters with ANA’s extensive international passenger and cargo network and the Group’s collective resources. This integrated approach will deliver efficiency, expand service capabilities and provide greater value to global customers, reinforcing ANA HD’s leadership in the air cargo industry.