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A London-based hedge fund is betting against Cargojet , Canada's largest cargo airline, citing concerns about the company's aging fleet, accounting practices, and leadership style. Edgar Allen, founder and chief investment officer of High Ground Investment ...
Cargojet (CJT:CA) on Thursday said that it has agreed to sell its minority investment in U.S.-based air cargo operator 21 Air. The Canadian cargo airline said the move is aimed at sharpening its focus on core operations, including its domestic network ...
For the fourth quarter, analysts are expecting Cargojet to report revenues between $230.3 million and $265 million with a consensus estimate of $251 million, marking a 14.4% year-on-year decline. We note that the consensus estimate dropped 14.3% over the ...
Following the EU-U.S. trade deal reached in recent weeks, Cargojet expects to generate new ACMI and charter opportunities in the coming quarters. In the first half of 2025, tariff concerns and a weakened global economy “introduced a new level of ...
Cargojet said an arbitrator issued the final award setting the terms of a new collective agreement with the Air Line Pilots Association. The agreement is effective July 1, through June 30, 2031, and concludes negotiations and mediation that began in late 2025.
The recent decline in Cargojet Inc. share price is unwarranted given the company's growth prospects and valuation. Discounted Cash Flow analysis supports a positive outlook for Cargojet Inc., indicating strong future financial performance. Relative ...