All cargojet Articles
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NewsCargojet appoints Dhillon as sole chief executive
Cargojet founding partner Pauline Dhillon will assume sole leadership of the Canadian cargo airline from 1 January as co-CEO Jamie Porteous retires
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NewsCargojet expands scheduled freighter operations to Europe
Canadian freighter operator Cargojet is expanding its European operations beyond charter services with the launch of a weekly scheduled service to Liege
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NewsDomestic and charter revenues raise Cargojet's Q2 results
Cargojet's second-quarter revenues increased by 3.2% year on year due to growth in domestic and charter revenues
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NewsDHL Express renews with Cargojet until 2033
DHL Express has renewed its partnership with Cargojet for freighter operations covering Canada and Latin America until 2033
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NewsCargojet extends Amazon contract
Canandian freighter airline Cargojet has extended its Air Transportation Services Agreement with Amazon Canada Fulfilment Services
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NewsCargojet adds converted 767F
Canadian freighter airline Cargojet has added a Boeing 767-300ER freighter to its operations to join its growing fleet of over 40 aircraft
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NewsCargojet revenues rise as it looks ahead to a tariff-related boost
Cargojet reported revenue and profit increases in the first quarter of the year and is optimistic for the coming months due to the implementation of tariffs
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NewsCargojet flies to Mumbai for first time
Canadian freighter operator Cargojet has carried out its first flight to Mumbai in India following a record year for revenue in 2024.
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NewsCargojet becomes launch customer for Aerios’ charter app
Air cargo charter software company Aerios has announced freighter operator Cargojet as the launch customer of its charter management system app
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NewsCargojet revenues top C$1bn mark in 2024
Freighter operator Cargojet saw its revenues beat the C$1bn mark for the first time in 2024 but the company is expecting a growth slowdown this year
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Insights
Putzger Perspective: Canadian freeze for airlines
Air cargo operations have been tough in the Canadian market, though there are still ample opportunities for charter flights. The Canadian air cargo market is still waiting for its revolution. WestJet, which had promised to disrupt the frozen landscape, abandoned its quest to do so before this correspondent could figure ...
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NewsCargojet invests in more 767s as Q2 revenue climbs 10%
Cargojet has affirmed its focus on growing 767 freighter operations with the acquisition of two more passenger aircraft for future conversion.The Canadian cargo airline confirmed it had two 767s currently undergoing conversion, but said it had also invested in two more of the type."Cargojet currently has two B767 passenger-to-freighter conversions ...
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NewsCargojet scoops China-Canada e-commerce freighter deal
Source: BeAvPhoto/Shutterstock.comLogistics firm Great Vision HK Express has contracted Cargojet to provide a scheduled charter service between China and Canada to carry e-commerce volumes.The three-year agreement will see Cargojet operate Boeing 767-300 freighters between Hangzhou and Vancouver a minimum of three times per week.The service started on May 22 and ...
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News
Air Canada ends freighter fleet expansion early
Air Canada has dropped plans to convert a further two Boeing 767 aircraft into freighters.The Montreal-headquartered airline had been planning to operate a fleet of 10 767 freighters but this has now been reduced to eight."Air Canada has amended its freighter capacity plans and removed two Boeing 767 freighters from ...
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NewsCargojet profits improve in Q1
Canada-headquartered Cargojet saw its profits improve in the first quarter as the business benefitted from rising domestic e-commerce demand.The company saw first-quarter revenues slip 0.3% year on year to C$231.2m, while earnings before income taxes (ebit) improved by 8.7% to C$37.6m and net earnings were up 6.6% to C$32.5m.The decline ...
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News
Lukewarm market sees Cargojet ditch all 777 freighter plans
Canadian cargo airline and lessor Cargojet has decided to ditch all plans to convert Boeing 777s into freighters in a bid to safeguard its business against continuing soft air cargo demand.The freighter operator has decided it will no longer convert four Boeing 777-200s into freighters, leaving it with no current ...
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News
Cargojet renews air cargo partnership with Canadian North
Canadian cargo airline Cargojet has renewed its cargo partnership with fellow Canada-based airline Canadian North to increase air cargo capacity to better serve northern Canada.The renewed partnership and increased capacity will enable more frequent and efficient deliveries of shipments to remote and northern communities.Under the renewed partnership, Cargojet will be ...
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News
Cargojet CEO Virmani to move to executive chairman role
Canadian cargo airline Cargojet has announced some major changes to its senior leadership team.Effective January 1, Pauline Dhillon, currently serving as chief corporate officer, and Jamie Porteous, currently chief strategy officer, will be appointed co-chief executives.Ajay Virmani, currently serving as chief executive and also the founder of the airline, will ...
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NewsCargojet continues to cut costs as third quarter revenue drops
Ajay Virmani. Photo: CargojetCanada-headquartered freighter operator Cargojet is continuing to cut costs as it reported a drop in third quarter year-on-year revenue.Total revenue for the third quarter of this year (ended September 30) was C$214m, compared to third-quarter 2022 revenue of C$232.7m.Net earnings for the quarter were C$10.5m (with a ...
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News
Cargojet focuses on costs as e-commerce volumes weaken
Canada-based freighter operator Cargojet will focus on cost reduction initiatives as a slowdown in e-commerce and business-to-business demand hit its financial performance.The airline saw second-quarter revenues decline by 15% year on year to C$209.7m, due primarily to decreases in domestic network revenues, all-in charter revenues, fuel surcharges and other pass-through ...