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Cargojet to sell off new B757 freighters, pause 767 conversions
FreightWaves via Yahoo Finance· 6 months agoCargojet wants to dump eight aircraft that were part of of its growth strategy and postpone...
Cargojet postpones more 777 freighters, tightens belt as shipments slow
FreightWaves via Yahoo Finance· 1 year agoCanadian air cargo company Cargojet is searching under every rock for savings to maintain profit...
Cargojet sees strong volumes after 2023 fleet reversal
FreightWaves via Yahoo Finance· 3 months agoCanadian operator Cargojet sharply scaled back fleet investments last year to stabilize the bottom...
COVID cost initiative boosts Cargojet margins despite drop in volumes
FreightWaves via Yahoo Finance· 9 months agoCargojet trimmed its express flying in Canada, but lower fuel costs and other cost measures made for...
Cargojet reverses course on 777 freighter ambitions
FreightWaves via Yahoo Finance· 4 months agoCargojet says there isn’t enough airfreight business to justify its planned investment in 777 converted freighters. It wants to get out of its...
Inflation tempers Cargojet’s outlook despite Q1 volume growth
FreightWaves via Yahoo Finance· 3 weeks agoModest growth in domestic e-commerce volumes plus improved aircraft utilization from network...
Cargojet founder Virmani passes torch to co-CEOs
FreightWaves via Yahoo Finance· 6 months agoFreighter airline Cargojet announced that founder and CEO Ajay Virmani is leaving that role to be executive chairman, with two top lieutenants stepping...
Jetran buys Cargojet rights for 777 freighter conversions
FreightWaves via Yahoo Finance· 4 months agoCargojet has exited its commitment for 777 aircraft with cargo conversion packages by selling the...
Cargo airline sends new Boeing 767 freighters directly to storage
FreightWaves via Yahoo Finance· 1 month agoIt’s not a great return on investment to acquire an aircraft and immediately ground it because...
Air Canada abandons plans for two Boeing 767 converted freighters
FreightWaves via Yahoo Finance· 3 weeks agoAir Canada said Thursday it changed its mind about investing in two widebody freighters and will...
