September 22, 2017 7:28 PM ET


Company Overview of Cargojet Airways, Ltd.

Company Overview

Cargojet Airways, Ltd. operates as an air cargo carrier company. It provides cargo services in Canada and internationally, as well as offers aircraft charters. The company was founded in 2002 and is based in Mississauga, Canada. Cargojet Airways, Ltd. operates as a subsidiary of Cargojet Inc.

350 Britannia Road East

Units 5&6

Mississauga, ON L4Z 1X9


Founded in 2002





Key Executives for Cargojet Airways, Ltd.

Chief Executive Officer and President
Age: 56
Compensation as of Fiscal Year 2017.

Cargojet Airways, Ltd. Key Developments

Cargojet Airways Ltd. Announces the Expansion of Freighter Service to Air Canada Cargo Between Canada and Europe

Cargojet Airways Ltd. announced the expansion of freighter service to Air Canada Cargo, through its commercial agreement, expanding their freighter service to Frankfurt effective November 19, 2016. The new Air Canada Cargo flight, operated with a Cargojet B767-300 freighter, will depart on Saturdays to Frankfurt, Germany (FRA). This new flight will provide connectivity with flights already operating to/from Mexico City and to the recently expanded second frequency per week operated between Canada and Bogota, Columbia and Lima, Peru, which began in mid-October 2016.

Air Canada Signs Agreements with Partners to Help Establish Centre of Excellence for Aircraft Maintenance in Manitoba

Air Canada announced that it has signed agreements with three of its business partners that will help support the creation of a Western Canada Centre of Excellence for aircraft maintenance activities in the province of Manitoba. Air Canada and the Government of Manitoba have settled outstanding litigation relating to the company’s maintenance obligations under the Air Canada Public Participation Act. Moreover, the company is supporting the establishment of operations in Manitoba of three of its suppliers and partners with unique expertise and Capabilities. Hope Aero Propeller & Components Inc. which specializes in propellers, wheels, brakes and batteries; Airbase Services Inc. which specializes in aircraft interior equipment repair and maintenance; and Cargojet Airways Ltd., which will establish its own repair and maintenance activities. Start up for all three is expected to commence in 2017.

Air Canada Cargo and Cargojet Airways, Ltd. Launch First Freighter Flight to South America

Air Canada Cargo and Cargojet Airways, Ltd. commenced service on June 10, 2016, with the first freighter flight to Bogota, Colombia and Lima, Peru, operated with a Cargojet B767-300F aircraft. The new Air Canada Cargo flights will provide 52 tonnes of net cargo capacity and will also include flights to Mexico City, starting this coming weekend. Under the arrangement, Air Canada Cargo plans to introduce dedicated freighter service to Europe from Toronto in the second half of 2016.

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Recent Private Companies Transactions

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