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.

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Cargojet Inc

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Post by retiredcfon May 02, 2022 12:10pm

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BNN Coverage

Cargojet reports net loss of $56.4M in Q1 compared to a profit of $89.4M a year ago

Cargojet Inc. reported a loss in its latest quarter as its revenue grew by nearly 50 per cent compared with a year ago. BNN Bloomberg's Kumutha Ramanathan reports.

https://www.bnnbloomberg.ca/video/cargojet-reports-net-loss-of-56-4m-in-q1-compared-to-a-profit-of-89-4m-a-year-ago~2432923

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