Cargojet Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Pauline Dhillon
- Full Time Employees
- 2,030
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- Address
- 2281 North Sheridan Way Mississauga ON Canada L5K 2S3
- IPO Date
- Nov 16, 2006
- CIK
- 0001685903
- Website
- cargojet.com
- Similar Companies
- Business
- Cargojet Inc. Cargojet Inc. (TSX: CJT) operates as Canada's leading provider of time-sensitive premium air cargo services, delivering dedicated aircraft, crew, maintenance, and insurance (ACMI) solutions; domestic overnight co-load networks connecting 16 major Canadian cities; international scheduled routes to Europe (including Liege Airport), Asia, Mexico, the United Kingdom, Germany, Bermuda, and the United States; and specialized charter services encompassing dangerous goods, heavy and oversized cargo, perishables, humanitarian relief, remote destinations, automotive, oil and gas, and freight forwarding for e-commerce, medical supplies, and high-value shipments. The company, founded in 2002 and headquartered in Mississauga, Ontario, maintains a fleet of 41 all-Boeing freighter aircraft, including Boeing 757 and 767 models, transporting over 25 million pounds of cargo weekly across North America and select global markets while upholding certifications such as IATA IOSA and ISO 9001:2015. Cargojet targets logistics providers, e-commerce platforms, freight forwarders, and industries requiring rapid, reliable air freight, with operations centered at John C. Munro Hamilton International Airport. In recent developments, Cargojet launched a scheduled direct air cargo service from Canada to Liege Airport, Europe's premier cargo hub, commencing November 1, 2025, on a weekly basis with plans for frequency increases; extended its air transportation agreement with Amazon Canada Fulfillment Services, ULC through March 31, 2029 (with a renewal option to 2031); renewed long-term flying contracts with DHL Express covering Canada and Latin America until 2033 and with UPS; issued $250 million in 4.599% senior unsecured notes due 2030 to redeem $115 million in 5.25% hybrid debentures and refinance credit facilities into an investment-grade structure; acquired additional Boeing 767 freighters to expand its fleet to 43 aircraft; announced Pauline Dhillon as sole CEO effective January 1, 2026, following Jamie B. Porteous's retirement (with him staying as strategic advisor through 2026); and renewed its normal course issuer bid to repurchase up to 1.4 million shares. These initiatives underscore Cargojet's strategic focus on network expansion, customer retention, debt optimization, and leadership transition to support sustained growth amid global logistics demands.
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