Cargojet Inc T.CJT

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

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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

Cargojet Inc > Declining SP

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Comment by DanielDarden123on Jun 21, 2021 6:05pm

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Post# 33424709

RE:Declining SP

When the price of oil increases this declines because most sellers assume that the margins will shrink. Wrong! CJT receives a surcharge to compensate for the additional expense. Hence, the margins remain strong on a constant basis and provide an opportunity for astute investors to increase positions.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle