Cargojet Inc

CJT

Equity

ISIN null / Valor 47787578

Toronto Stock Exchange (2025-11-20)

CAD 72.65+1.11%

Cargojet Inc
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About company

Cargojet Inc is a Canadian cargo airline company founded in 2002 by Dr. Virmani, who acquired and rebranded its predecessor Canada 3000 Cargo. Cargojet has since grown to become a leader in the air-cargo industry, offering a range of services including sales, customer relations, commercial strategy, operations, network planning, and design. The company has a strong focus on maintaining and developing relationships with strategic partnerships, as well as ensuring regulatory compliance. With over 30 years of experience in the commercial aviation industry, Cargojet continues to expand its global ground operations and support functions under the leadership of key team members like Jamie B. Porteous, Pauline Dhillon, and George Sugar.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

Total revenues for Q2 2025 reached $238.2 million, marking a 3.2% increase from $230.8 million in Q2 2024. This growth was driven by a 14% rise in Domestic revenues and a 22% increase in Charter revenues.

Improved Net Loss

The net loss for the quarter was reduced to $3.2 million, an 87.2% decrease from a net loss of $25.0 million in Q2 2024. This improvement highlights the effectiveness of Cargojet's cost management and productivity initiatives.

Adjusted EBITDA

Adjusted EBITDA for Q2 2025 was $80.2 million, up by 1.4% compared to $79.1 million in the same quarter last year. The adjusted EBITDA margin saw a slight increase to 33.7% from 34.3% in Q2 2024.

Operational Efficiency

Cargojet achieved a record on-time arrival performance of 99.5% within fifteen minutes of the scheduled arrival time during Q2 2025, underscoring the strength and reliability of its network.

Future Outlook

With the EU‑US trade deal now in place, Cargojet anticipates reopening the EU–US corridor, which is expected to generate new ACMI and charter opportunities in the upcoming quarters.

Summarized from source with an LLMView Source

Key figures

-41.1%1Y

-46.4%3Y

-64.9%5Y

Performance

38.6%1Y

34.5%3Y

38.0%5Y

Volatility