TransportationGlobal reorganization expected to generate $190m in extra profitANA Holdings will consolidate operations at airfreight subsidiaries Nippon Cargo Airlines and ANA Cargo. (Photo by Konosuke Urata)KEIICHI FURUKAWAMarch 24, 2026 04:49 JSTTOKYO -- Japan's ANA Holdings will consolidate operations at two air cargo subsidiaries and eliminate overlap in destinations, aiming to cut costs in a segment that complements its passenger airlines, President and CEO Koji Shibata told Nikkei in a recent interview.