ANA Holdings announced that it has reached an agreement with The Boeing Company to convert two orders for the Boeing 777-9 aircraft to Boeing 777-8F cargo aircraft, and finalized its existing purchase agreement for 30 Boeing 737-8 aircraft. "The announcement reflects ANA Holding's plan to further expand its cargo business through securing large freighters and to replace the domestic fleet's smaller planes with more fuel-efficient aircraft that will serve as the foundation for future growth," reads the release. At a meeting of the board of directors held on July 11, 2022, ANA Holdings decided to convert two of the 20 Boeing 777-9 aircraft that had been initially announced on March 27, 2014, with Boeing 777-8F cargo aircraft. The aircraft will be introduced into service on/after fiscal 2028. The release notes, "The Boeing 777-8F is a state-of-the-art freighter that has the largest cargo capacity of any twin-engine aircraft, and has reduced CO2 emissions and operational costs that uses less fuel per tonne."