Cargojet Inc T.CJT

Alternate Symbol(s): CGJTF | 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 > Recessions

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Comment by DanielDarden123on Jan 20, 2023 1:49pm

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Post# 35236058

RE:RE:Recessions

SadieLadyCO wrote: What reccesion...I dont think their will be one if it is why so many jobs available...Inflation not a factor at this point. All prices in.

I think it is fair to assume that the sellers are concerned about a potential recession as most regard this as a cyclical equity. Some will attempt to re-enter at the “perfect” time before the upswing. However, in my experience, that is almost impossible. Most times the re-entry occurs at higher prices and lower profits. Good Luck!

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