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Cargojet Inc T.CJT

Alternate Symbol(s):  CGJTF | T.CJT.DB.E | T.CJT.DB.F

Cargojet Inc. is a Canada-based company, which is a provider of time-sensitive premium air cargo services to all major cities across North America. The Company also provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis, operating between points in Canada, the United States of America, Mexico, South America, Europe, and Asia. The Company operates scheduled international routes for multiple cargo customers between the United States of America and Bermuda, Canada, the United Kingdom, and Germany, and between Canada and Mexico. The Company offers ACMI, and international charter services and carries approximately 25,000,000 pounds of cargo weekly. It operates its network with its own fleet of 39 aircraft.


TSX:CJT - Post by User

Bullboard Posts
Post by zalmonellaon Feb 09, 2016 4:11pm
78 Views
Post# 24541229

Forex optimism?

Forex optimism?
JKust reviewing why this has stalled and what the prospects are going forward.  Looking at the September financials, I see taht general expenses doubled over previous quarets/years, due to a $5M loss on forex.  Eh?  what could be this, and will it repeat?

Looking forward to the next set of financials as the dollar slid into the toilet - that sould give a clue, but meantime, anybody have any better ideas? All the analysts seem to be very optimistic considering this things hasn't had a positive earnings in a long time.
Bullboard Posts