Cargojet Inc CGJTF

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

Industrials

Cargojet Inc. is a Canada-based provider of time sensitive air cargo services to all major cities across North America, providing dedicated, aircraft, crew, maintenance and insurance (ACMI) and international charter services. The Company's main air cargo business is comprised of operating a domestic network air cargo co-load network between sixteen major Canadian cities and providing dedicated aircraft to customers on an ACMI basis, operating between points in Canada, the United States, Mexico, South America, Asia and Europe. It also operates scheduled and ad hoc international routes for multiple cargo customers between United States and Bermuda, between Canada, United Kingdom and Germany; between Canada and Asia; and between Canada and Mexico. Its charter services include Go Now, dangerous goods, heavy & oversized cargo, humanitarian and relief, remote destinations, automotive, and oil and gas. The Company operates its network with its own cargo fleet of approximately 41 aircraft.

TSX:CJT - Post by User

Cargojet Inc

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Post by retiredcfon Dec 14, 2021 6:48am

229 Views

Post# 34227894

Analyst Comment

https://www.bnnbloomberg.ca/video/stephen-takacsy-discusses-cargojet~2343099

BUY on WEAKNESS

Cargojet Inc(CJT-T)

12/12/2021 at 07:00pm

He is following it carefully. It was a monopoly and the pandemic has been good for them, but competition is coming and they have had to buy more planes. Labour costs will also have to rise and there is a shortage of pilots. They are looking at it at $160. Long term a good business, but you want to wait for the right price.

TRANSPORTATION & ENVIRONMENTAL SERVICES

Stephen Takacsy, B. Eng, MBA

$165.630

No

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