Cargojet
Name: Cargojet
Started Date: 2001 to Present

About Cargojet

Cargojet: Canada’s Air Cargo Powerhouse Founded in 2001 as Canada 3000 Cargo and rebranded in 2002, Cargojet has evolved into Canada’s leading dedicated air cargo airline. Headquartered in Mississauga with its main hub at Hamilton International Airport, Cargojet operates a fleet of 41 freighters—including Boeing 757-200, 767-200/300 models—serving 16 domestic and multiple international routes. Fast & Reliable Services Specializing in overnight freight, Cargojet delivers critical goods like e‑commerce parcels, perishables, medical supplies, and live animals. Their operations include fixed-schedule deliveries to domestic hubs and charter flights for urgent or oversized loads. With an impressive on-time arrival rate—reaching 99.1% in Q1 2025—reliability is a cornerstone of Cargojet’s promise. Strategic Fleet & Charter Flexibility Cargojet’s fleet offers optimal capacity and range: Boeing 757‑200PCF: up to 80,000 lb payload—ideal for domestic runs Boeing 767‑300ERF: up to 127,000 lb, long-range configurations They've optimized fleet use, including ACMI (aircraft, crew, maintenance, insurance) leases. Cargojet has scaled down its 777 freighter orders to focus on a nimble and cost-effective fleet strategy. Financial Resilience & Market Adaptation Despite a challenging air cargo climate, Cargojet reported C$249.9M in Q1 2025 revenue—an 8.1% YoY rise—with net profit up 47.7%, underscoring its strong market position. Its diversified model—combining scheduled service, ACMI, and charters—helped navigate economic fluctuations and market shifts. A $1B+ annual revenue run rate, record-level EBITDA, and disciplined fleet management reflect its operational excellence. Forward-Looking Cargojet continues expanding its fleet, including converting additional 767s for deeper reach, and leveraging charter demand—especially from e‑commerce and global supply chains. With sustained long-term contracts (UPS, DHL, Canada Post, Amazon), it remains well-positioned to navigate future trends. Why Cargojet? Canada’s largest all-cargo airline, with coast-to-coast and international reach High schedule reliability = critical for time-sensitive logistics Flexible service model: scheduled, ACMI, charter Financial discipline & fleet optimization for sustainable growth For businesses shipping critical goods, perishable cargo, or time-sensitive freight, Cargojet delivers speed, stability, and strategic reach—truly Canada's air cargo powerhouse.