ANA HOLDINGS INC. has launched a strategic reorganisation of its group-wide cargo business aimed at speeding up decision-making, optimising cost structures and improving profitability following the integration of Nippon Cargo Airlines (NCA).
The initiative is expected to be completed by the end of fiscal year 2026, subject to NCA maintaining its Air Operator Certificate (AOC) after the reorganisation.
The move underscores the ANA Group’s commitment to strengthening its cargo operations, maximising group-wide synergies and positioning cargo as a key driver of sustainable growth. ANA Holdings said the reorganisation is designed to enhance operational efficiency and profitability across the cargo segment.
ANA Holdings’ acquisition of NCA on 1 August 2025 established the group as Japan’s largest combined passenger and cargo airline. Since then, operational synergies between All Nippon Airways (ANA) and NCA have progressed, including shared use of cargo space and the launch of cargo codeshare flights on major North American and European routes from 26 October.
The planned reorganisation represents the next phase of integration, intended to fully leverage these synergies. ANA Holdings said it has conducted extensive analysis to determine the most effective organisational structure to support closer collaboration between ANA and NCA and to strengthen the group’s cargo foundation.

