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Bullboard - Stock Discussion Forum 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... see more

TSX:CJT - Post Discussion

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Post by retiredcf on Jan 10, 2022 11:41am

NR

Cargojet Inc.  announced the early renewal and extension of the air cargo services agreement with two major domestic customers.

The company said the agreements will run for a three-year term and contain two, one-year renewal options. The original agreements were due for renewal in 2021 and in July 2022.

“This is another example of customers continuing to secure long-term capacity on Cargojet’s air cargo network considering structural shifts in the nature of supply chains which are leading to significant growth in demand for time-sensitive air cargo services across Canada,” the company stated.

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