Great News!!Cargo Jet won the canada post contract! Don't know if anyone remembers, but air canada and cargo jet earlier decided to "explore opportunities to work togeather". You can dig up the press release, around Nov. Well that for one reason: to bid on the canada post tender. I expect we will be hearing about this from air canada soon...may be the reason why AC is up today as the smart money knows about this. Canada post contract was worth an est. 40mil.
https://www.newswire.ca/en/story/1308267/cargojet-awarded-purolator-and-canada-post-canada-post-group-of-companies-domestic-air-cargo-network-services-contract