Cargojet to sell 777 aircraft, defer cargo conversions as demand slips
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Cargojet Reports Overall Strong Q4 Performance
MISSISSAUGA, ON, March 6, 2023 /CNW/ – Cargojet Inc. (“Cargojet” or the “Corporation”) (TSX: CJT) announced today financial results for the fourth quarter ended December 31, 2022. Total Revenues for the quarter were $267.0 million compared to fourth quarter 2021 Revenues of $235.9 million. Gross Margin for the quarter was $61.9 million compared to fourth quarter 2021 Gross Margin of $78.2 million. Adjusted EBITDA(1) for the quarter […]
Cargojet extends Master Services Agreement with Canada Post Corporation and Purolator Inc. until 2029
Strategic Renewal with Canada Post Corporation and Purolator Inc. reinforces Cargojet’s Leadership Position in the Domestic Air Cargo Market MISSISSAUGA, ON, Jan. 17, 2023 /CNW/ – Cargojet Inc. (“Cargojet“) (TSX: CJT) is pleased to announce today that it has extended the Master Services Agreement (the “Agreement“) with Canada Post Corporation and Purolator Inc., (Canada Post Group of Companies “CPGOC“) until September […]
Cargojet Renews UPS Canada Air Cargo Service Agreement
MISSISSAUGA, ON, Nov. 14, 2022 /CNW/ – Cargojet announced today they have renewed and extended their Air Cargo Services Agreement with United Parcel Service Canada Ltd. for an additional five-year Term. The current agreement was due to expire on July 1, 2025 and the new Agreement is extended to December 31, 2030. Cargojet continues to provide a comprehensive Canada-wide air cargo […]
Cargojet Reports Overall Strong Q3 Performance
MISSISSAUGA, ON, Oct. 31, 2022 /CNW/ – Cargojet Inc. (“Cargojet” or the “Corporation”) (TSX: CJT) announced today financial results for the third quarter ended September 30, 2022. Total Revenues for the quarter were $232.7 million compared to third quarter 2021 Revenues of $189.5 million. Gross Margin for the quarter was $57.6 million compared to third quarter 2021 Gross Margin of $54.0 million. Adjusted EBITDA(1) for the […]
Cargojet Provides Strategic Updates and Long-term Targets
MISSISSAUGA, ON, Sept. 27, 2022 /CNW/ – Cargojet Inc. (“Cargojet” or the “Corporation”) (TSX: CJT) today provided an update on its strategic initiatives and long-term financial targets. Today Cargojet is hosting its previously announced Investor Day from 10 a.m. to 12:30 p.m. ET. A live audio feed of Investor Day will be available via dial-in information announced last week […]
Cargojet Wins Carrier of Choice Award
MISSISSAUGA, ON, Sept. 13, 2022 /CNW/ – Cargojet once again is excited to announce that it has been awarded the Shipper’s Carrier of Choice Award by the Canadian Shipper magazine, a leading industry publication. Cargojet continues to surpass shipper expectations as well as the industry benchmark in the total Industry Sector Average and particularly in the key areas of On-time Performance, Leadership […]
Cargojet Successfully Recertifies ISO 9001 Quality Accreditation
MISSISSAUGA, ON, Aug. 25, 2022 /CNW/ – Cargojet Inc. (“Cargojet” or the “Corporation”) (TSX: CJT) announced the successful recertification of its ISO 9001:2015 Quality Standard Accreditation, for the twentieth consecutive year. Cargojet is the only air cargo carrier in Canada with this accreditation. “This accreditation reinforces the continuity of the value added, safe, on time and reliable service Cargojet provides […]
Cargojet Boeing 767 must take evasive action if the glider drifts in its path
Web News • 20 August 2022 Click to View 🔗 a new window (or tab) will open to an external site reporting on Canadian aviation news.
Cargojet Reports Strong Q2 Performance in all Business Segments
MISSISSAUGA, ON, July 27, 2022 /CNW/ – Cargojet Inc. (“Cargojet” or the “Corporation”) (TSX: CJT) announced today financial results for the second quarter ended June 30, 2022. Total Revenues for the quarter were $246.6 million compared to second quarter 2021 Revenues of $172.1 million. Gross Margin for the quarter was $61.1 million compared to second quarter 2021 Gross Margin of $54.9 million. Adjusted EBITDA for the […]