Cargojet Inc (Cargojet) is a provider of overnight air cargo services. The company operates aircrafts between points in Canada and the US. It offers dedicated aircraft on an aircraft, crew, maintenance, and insurance (ACMI) basis which operates between points in North and South America, and Europe. Cargojet serves to the customers across various sectors including retailers, courier companies, freight forwarders, specialty shippers, manufacturers and international airlines. The company also operates scheduled international routes for multiple cargo customers between the US and Bermuda, and specialty charter service across North America to the Caribbean and Europe. Cargojet is headquartered in Mississauga, Ontario, Canada.
Headquarters
Canada
Address
2281 North Sheridan Way, Mississauga, Ontario, L5K2S3
Website
cargojet.com
Telephone
1 905 5017373
No of Employees
1,802
Industry
Transport and Logistics
Ticker Symbol & Exchange
CJT (TSE)
Revenue (2022)
$752.9M
29.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
13.9%
(2022 vs 2021)
Market Cap*
$1.4B
Net Profit Margin (2022)
XYZ
-12.0%
(2022 vs 2021)
* As of and is in US$
Cargojet Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Charter Services |
| Aircraft, Crew, Maintenance and Insurance (ACMI) |
| Air Cargo |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In January, the company extended the master services agreement with Canada Post Corporation and Purolator Inc., (Canada Post Group of Companies “CPGOC”) until 2029. |
| 2022 | Contracts/Agreements | In May, the company and Israel Aerospace Industries (IAI) signed an agreement to carry out passenger-to-freighter (P2F) conversions for Cargojet Canada’s Cargo Airline. |
| 2022 | Contracts/Agreements | In March, the company entered into a new long-term strategic agreement with DHL Network Operations to provide air-transportation services for DHL's global network. |
Competitor Comparison
| Key Parameters | Cargojet Inc | American Airlines Group Inc | Air Canada | Calm Air International LP | Morningstar Air Express Inc. |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | Canada | Canada | Canada |
| City | Mississauga | Fort Worth | Saint-Laurent | Winnipeg | Edmonton |
| State/Province | Ontario | Texas | Quebec | Manitoba | Alberta |
| No. of Employees | 1,802 | 132,800 | 35,400 | - | 100 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ajay K Virmani | Chairman | Executive Board | 2024 | - |
| Scott Calver | Chief Financial Officer | Senior Management | 2022 | - |
| Pauline Dhillon | Co Chief Executive Officer | Senior Management | 2024 | - |
| Jamie B Porteous | Co Chief Executive Officer | Senior Management | 2024 | - |
| Shane Workman | Senior Vice President - Flight Operations | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward