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Last C$26.46 CAD
Change Today +0.05 / 0.19%
Volume 15.8K
CJT On Other Exchanges
As of 4:00 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

cargojet inc (CJT) Snapshot

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Day High
Day Low
52 Week High
05/14/15 - C$29.10
52 Week Low
09/29/14 - C$20.40
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Current Stock Chart for CARGOJET INC (CJT)

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cargojet inc (CJT) Details

Cargojet Inc. provides time sensitive overnight air cargo services in North America and internationally. Its air cargo business activities include operation of domestic overnight air cargo co-load network between 13 cities in Canada; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada and the United States. The company also operates scheduled international routes for multiple cargo customers between the United States and Bermuda, and between Canada and Europe; and provides dedicated aircraft to customers on an adhoc charter basis operating between points in Canada, the United States, and other international destinations. In addition, it offers specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and shipments requiring immediate delivery across North America, Mexico, and the Caribbean. The company primarily serves couriers, freight forwarders, manufacturers, specialty shippers, and international airlines, as well as handles the time sensitive shipment needs of customers, such as pharmaceutical, perishable, seafood, agriculture, hi-tech, garment, precious metals, and chemical companies. Cargojet Inc. was founded in 2005 and is headquartered in Mississauga, Canada.

585 Employees
Last Reported Date: 05/11/15
Founded in 2005

cargojet inc (CJT) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: C$600.0K
Chief Financial Officer
Total Annual Compensation: C$262.5K
Chief Commercial Officer, Executive Vice Pres...
Total Annual Compensation: C$450.0K
Senior Vice President of Engineering and Main...
Total Annual Compensation: C$225.0K
Senior Vice President of Flight Operations
Total Annual Compensation: C$225.0K
Compensation as of Fiscal Year 2014.

cargojet inc (CJT) Key Developments

Cargojet Inc., and First Air Announce Commercial Co-Operation Agreement Effective July 1, 2015

Cargojet Inc., and First Air announced that they have expanded their commercial co-operation agreement effective July 1, 2015 and extended their Transportation Agreement to June 30, 2025. This agreement further strengthens the strategic alliance between the two companies, and will allow for seamless air cargo transportation between the 14 major Canadian cities served on Cargojet's overnight air cargo network as well as the 32 communities served by First Air in Canada's North. This new agreement is a logical extension of relationship and allows First Air to improve cargo connectivity to the Arctic, by way of the Southern Canadian gateways served by Cargojet.

Cargojet Declares Quarterly Cash Dividend for the Period from April 1, 2015 to June 30, 2015 Payable on or before July 3, 2015

The Board of Directors of Cargojet Inc. has declared a cash dividend of $0.1491 per common voting share and variable voting share for the period from April 1, 2015 to June 30, 2015. The dividends will be paid to all shareholders of record as at the close of business on June 19, 2015 and will be payable on or before July 3, 2015. These dividends will be eligible dividends within the meaning of the Income Tax Act (Canada).

Cargojet Inc. Reports Earnings Results for the First Quarter Ended March 31, 2015

Cargojet Inc. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues were $54.1, an increase of $10.4 million or 23.8% versus the previous year. Adjusted EBITDA before one-time costs was $7.3 million, an increase of $5.5 million or 305.6% versus the previous year. Adjusted EBITDA net of one-time costs was $0.8 million. Adjusted EBITDAR before one-time costs was $16.3 million, an increase of 171.7% versus the previous year. Adjusted EBITDAR net of one-time costs was $8.2 million.


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