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Cargojet Inc (Cargojet) focused on providing air cargo services. The company's main activities include operating a fleet of Boeing all-cargo aircraft to deliver time-critical air cargo services. It offers a range of services, including domestic and international air cargo transportation, charter services, and specialized solutions for various industries. Cargojet serves a diverse customer base, including businesses requiring transportation of outsized machinery, hazardous materials, valuable goods, and urgent humanitarian aid. The company's services are utilized across industries such as automotive, pharmaceutical, oil and gas, and entertainment. It operates a network that includes domestic routes within Canada and international routes to the United States, Latin America, and Europe. Cargojet is headquartered in Mississauga, Ontario, Canada.
Headquarters
Canada
Address
2281 North Sheridan Way, Mississauga, Ontario, L5K2S3
Website
www.cargojet.com
Telephone
1 866 5515529
No of Employees
2,030
Industry
Transport and Logistics
Ticker Symbol & Exchange
CJT (TSE)
Revenue (2024)
$710.4M
-0.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-26%
(2024 vs 2023)
Market Cap*
$890.5M
Net Profit Margin (2024)
XYZ
-25.4%
(2024 vs 2023)
* As of and is in US$
Cargojet Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Specialty Charter Services |
| Fixed Base Operations |
| Air Cargo Services |
| XYZ |
| XYZ |
| XYZ |
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 | Sunwing Airlines Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | Canada | Canada | Canada |
| City | Mississauga | Fort Worth | Saint-Laurent | Winnipeg | Toronto |
| State/Province | Ontario | Texas | Quebec | Manitoba | Ontario |
| No. of Employees | 2,030 | 133,300 | 35,900 | - | - |
| 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 | - | - |
| Pauline Dhillon | Chief Executive Officer | Senior Management | 2026 | - |
| Aaron McKay | Chief Financial Officer | Senior Management | - | - |
| Gord Johnston | Chief Commercial Officer | Senior Management | - | - |
| Leo Cordeiro | Senior Vice President - Technical Services | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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