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.

TSX:CJT - Post by User

Cargojet Inc

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Post by retiredcfon May 11, 2022 9:13am

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Post# 34673484

RBC

May 10, 2022

Cargojet Inc.
CJT Announces Scott Calver as CFO

Our view: positive

Outperform

TSX: CJT; CAD 150.04

Price Target CAD 302.00

All values in CAD unless otherwise noted.
Priced as of prior trading day's market close, EST (unless otherwise noted).

First impression: CJT today announced the appointment of Scott Calver as CFO. We know Mr. Calver from his time as CFO at Trimac, when we covered Trimac as a public company. We would describe Mr. Calver as a solid executive and a good hire, and are taking a positive view on the appointment.

What happened? CJT today announced that Scott Calver, who most recently served as the Chief Financial Officer of Trimac Transportation, will join Cargojet as its new Chief Financial Officer. Mr. Calver comes to Cargojet with experience including capital markets and operational management in the transportation and logistics sector. Prior to Trimac, Mr. Calver served as Vice President, Finance for ICS Courier from 2004 to 2008.

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