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

CMA CGM completes Bolloré Logistics acquisition

The CMA CGM Group has completed its largest acquisition since its formation with the takeover of Bolloré Logistics from the…

Read More

Share this story

Bolloré’s contract logistics business grows with acquisition

Bolloré Logistics’ contract logistics subsidiary, Bolloré Solutions Logistiques (BSL) has acquired STEF Logistique Santé (SLS) to grow its contract logistics…

Read More

Share this story

European Commission approves CMA CGM takeover of Bolloré Logistics

The European Commission has approved CMA CGM’s proposed acquisition of Bolloré Logistics, bringing the shipping giant one step closer to…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.