AirZeta, formerly known as Air Incheon, has officially completed the acquisition of Asiana Airlines’ cargo divisionand begun operations under its new identity. The transaction, valued at $322.5 million, was finalized on 1 August 2025, following the formal transfer of all rights and obligations related to Asiana’s international freighter cargo operations the day before.
ANA Holdings has finalized the acquisition of Nippon Cargo Airlines (NCA) from Nippon Yusen Kabushiki Kaisha (NYK Line), officially integrating the cargo operator and its Boeing 747 freighter fleet into the ANA Group. This strategic consolidation marks a significant milestone in Japan’s air cargo industry and positions ANA as a more formidable player in international freight operations.
Chorus Aviation has signed an agreement to acquire Elisen & Associates, a Montreal-based engineering and certification firm known for its work on A220 aircraft as well as Bombardier, Gulfstream, and Learjet special mission platforms. The acquisition aims to enhance Chorus’s competencies in defense contracting, specialized MRO, and aerospace engineering, while expanding its footprint within the heart of Montreal’s aerospace ecosystem.
