Cargojet buys ground handler at Mirabel airport

Canadian overnight all-cargo carrier Cargojet has purchased an unnamed ground handling and ground services equipment (GSE) company at Mirabel International Airport in Québec for approximately $3m.
The agreement to purchase includes all company assets and assumes all current lease arrangements.
Cargojet chief executive Ajay Virmani said: "The acquisition of this ground handling and GSE company is the continuation of our strategic initiative to insource all ground handling operations at airports across our Canadian network.
"We are pleased to welcome our new team members to the Cargojet family and look forward to integrating and growing our business at Mirabel and across the country by continuing providing our customers continued best in class air cargo service and reliability."
Cargojet provides time sensitive overnight air cargo services and carries around 590 tonnes of cargo each business night. Cargojet operates its network across North America each business night.

Share this story

Related Topics

Latest acquisitions news

Freightos begins trading as a public company

By Rebecca Jeffrey

Freightos has completed its merger with acquisition company Gesher and has commenced trading as a public company on the Nasdaq…

Read More

Share this story

Air charter demand rising

By Rebecca Jeffrey

The global air charter services market is expected to be valued at $31.9bn in 2023, according to a US market…

Read More

Share this story

Lufthansa submits offer to acquire a stake in ITA Airways

By Rebecca Jeffrey

Lufthansa has confirmed it aims to acquire a minority stake in Italian national carrier ITA Airways with options for a…

Read More

Share this story