Cargojet Inc CGJTF

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

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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.

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Cargojet Inc

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Post by retiredcfon Apr 02, 2022 7:34am

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Post# 34569669

Stars & Dogs

Cargojet (STAR)

CJT - TSX

In ancient times, if you needed a few yards of silk from the Far East or a lump of frankincense from the Arabian Peninsula, you had to wait months while your goods were transported across vast distances on camels and crude boats. Now, thanks to companies like Cargojet, delivery times are a fraction of what our ancestors had to put up with. Shares of the cargo airline jumped after it signed a deal to provide global air-transportation services to courier company DHL for a minimum of five years and awarded DHL warrants to acquire up to 9.5 per cent of Cargojet’s voting shares. “Honey, I think your spices from Indonesia just arrived!”