Cargojet

Cargojet is a Canadian cargo airline headquartered in Mississauga, Ontario. The company operates scheduled air-freight services within Canada, international cargo routes, and full-aircraft charter operations. Its principal operating base is John C. Munro Hamilton International Airport, positioning the carrier close to major population centres, distribution networks and cross-border freight corridors in central Canada. The business began in August 2001 as Canada 3000 Cargo Inc., a joint venture associated with Canada 3000 Airlines. Dr. Ajay Virmani acquired full ownership of the cargo company in 2002, after which it was rebranded Cargojet Canada Ltd. The company expanded its logistics capabilities in July 2002 through the acquisition of Winnport Logistics. This early development established Cargojet as a dedicated freight operator rather than a passenger airline with a cargo division. Cargojet’s core model is based on scheduled overnight and time-definite cargo transportation. Its domestic network serves 15 Canadian destinations, linking major commercial centres and providing capacity for express parcels, e-commerce shipments, mail, industrial goods and other freight. The company also serves international markets, with routes and network connections extending to the United States, the United Kingdom, Germany, Japan, Mexico, Bermuda and Cuba. In addition to scheduled services, Cargojet offers aircraft charters for customers requiring dedicated or non-standard capacity. Cargojet became a publicly traded company in 2005 and is listed on the Toronto Stock Exchange under the symbol CJT. Its fleet strategy has centred on freighter aircraft, including Boeing 767-300F aircraft and planned Boeing 777F capacity. In January 2021, the company announced an intention to add Boeing 767 freighters and Boeing 777 freighters. In January 2024, however, it announced that it would not take delivery of four Boeing 777 aircraft on order, citing weaker cargo demand. The decision reflected a more cautious approach to fleet expansion and capacity planning. The brand has also pursued visibility beyond the conventional freight sector. In May 2019, Cargojet announced a partnership with Canadian rapper Drake, naming him a brand ambassador. The association connected the cargo carrier with a prominent Canadian cultural figure and helped broaden public awareness of a business that generally operates behind the scenes of consumer supply chains. Cargojet’s strategic role is tied to the growth of express logistics, online retail and time-sensitive commercial distribution. Its value proposition combines dedicated freighter capacity, domestic network density, international reach and charter flexibility. The company is not a passenger airline: its aircraft and operating model are designed for freight, and its customers include logistics providers, retailers, integrators and other organizations that need dependable cargo movement. Cargojet continues to operate as an active Canadian public cargo airline, although the available reference material does not establish a complete current ownership structure, website address, executive roster or financial profile.

Cargojet originated in August 2001 as Canada 3000 Cargo Inc., a cargo-focused joint venture connected with Canada 3000 Airlines. The venture was established during a period when dedicated air-freight operators were developing specialized networks to serve express shipments, commercial freight and time-sensitive logistics requirements. Rather than relying on passenger aircraft belly capacity, the business was structured around dedicated cargo operations. In 2002, Dr. Ajay Virmani acquired 100 percent of Canada 3000 Cargo Inc. Following the change in ownership, the company was rebranded Cargojet Canada Ltd. This transition gave the business a more distinct identity and separated it from the Canada 3000 passenger-airline association. In July of the same year, Cargojet acquired Winnport Logistics, expanding the company’s logistics-related capabilities and supporting its development as an integrated cargo operator. Cargojet subsequently built its business around scheduled domestic cargo services in Canada, international scheduled operations and aircraft charters. Its main base at John C. Munro Hamilton International Airport provided an operational location near southern Ontario’s large population, manufacturing and distribution markets. The domestic network came to include 15 Canadian destinations, while international operations reached markets including the United States, the United Kingdom, Germany, Japan, Mexico, Bermuda and Cuba. The resulting network supported express parcels, mail, e-commerce shipments and other commercial freight. The company became publicly traded in 2005. Public-market status provided Cargojet with access to equity-market financing and made the business subject to the reporting and governance requirements applicable to a listed Canadian company. It trades on the Toronto Stock Exchange under the ticker CJT. Cargojet’s fleet planning has focused on Boeing freighter aircraft. On January 12, 2021, the company announced plans to add Boeing 767F aircraft and Boeing 777F aircraft. The proposed Boeing 777 capacity represented an attempt to expand long-haul and higher-capacity freight capability. Market conditions later led to a reassessment. On January 15, 2024, Cargojet announced that it would no longer accept delivery of four Boeing 777 aircraft on order, citing softening cargo demand. This decision illustrated the sensitivity of freighter fleet investments to changes in parcel volumes, e-commerce growth, international trade and general air-freight pricing. Cargojet has also used brand partnerships to raise its public profile. In May 2019, it announced a partnership with Canadian rapper Drake and named him a brand ambassador. The collaboration gave the company a culturally recognizable public association while retaining its identity as a business-to-business freight carrier. Cargojet has experienced operational events typical of an airline fleet. On November 19, 2024, a Boeing 767-300F operating for Amazon Air overran the north runway at Vancouver International Airport during landing and slid into the grass. No injuries were reported, although the aircraft was substantially damaged. The available reference material does not provide the subsequent regulatory or insurance outcome. By 2025, Cargojet continued to operate domestic and international scheduled cargo services together with full-aircraft charters. An interline agreement reported in December 2025 with Uzbekistan-based My Freighter Airlines was intended to strengthen links between North America and Central Asia, including a connection between Canada and Tashkent via Europe. Cargojet’s development therefore reflects a progression from a newly formed Canadian cargo venture to a publicly listed dedicated-freighter airline with domestic scale, international reach, charter capability and selective network partnerships.

1. 2025My Freighter interline agreement

   Cargojet signs an interline agreement with My Freighter Airlines to improve Canada–Central Asia connectivity.

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2. 2024Boeing 777 order is reduced

   Cargojet announces that it will not take delivery of four Boeing 777 aircraft on order because of softer cargo demand.

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3. 2024Vancouver runway overrun

   A Cargojet Boeing 767-300F operating for Amazon Air overruns a runway at Vancouver International Airport; no injuries are reported.

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4. 2021Freighter fleet expansion plan

   Cargojet announces plans to add Boeing 767F and Boeing 777F aircraft.

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5. 2019Drake brand partnership

   Cargojet announces a partnership with Drake and names him a brand ambassador.

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6. 2005Cargojet becomes publicly traded

   The company becomes a public company and later trades on the Toronto Stock Exchange under CJT.

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7. 2002Ajay Virmani acquires the cargo company

   Ajay Virmani acquires full ownership, after which the company is rebranded Cargojet Canada Ltd.

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8. 2002Winnport Logistics acquisition

   Cargojet acquires Winnport Logistics in July as part of its early expansion.

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9. 2001Canada 3000 Cargo is formed

   Canada 3000 Cargo Inc. is established in August as a joint venture associated with Canada 3000 Airlines.

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A Canadian dedicated-freighter operator focused on scheduled, time-sensitive domestic and international cargo transportation, supplemented by charter capacity.

• Domestic scheduled cargo serviceScheduled air freight

  Cargojet operates a scheduled domestic freighter network serving 15 Canadian destinations. The service is designed for regular, time-sensitive movement of parcels, mail, e-commerce orders and commercial freight between major Canadian markets.

• International scheduled cargo serviceInternational air freight

  The international network extends Cargojet’s freighter operations beyond Canada to destinations and markets including the United States, the United Kingdom, Germany, Japan, Mexico, Bermuda and Cuba. It supports cross-border and intercontinental logistics requirements.

• Full-aircraft chartersCharter air freight

  Cargojet provides full-aircraft cargo charters for customers requiring dedicated lift, unusual routing, shipment-specific timing or capacity beyond the regular scheduled network.

• 2019Drake brand ambassador partnership

  Canada

  Cargojet partnered with Canadian rapper Drake and appointed him as a brand ambassador, connecting the business-to-business cargo brand with a highly visible Canadian cultural figure.

  Outcome. The available reference material confirms the partnership but does not quantify its marketing or commercial results.

  Source

• 2025Interline agreement with My Freighter AirlinesStrategy

  Cargojet sought to improve network connectivity between North America and Central Asia.

  What changed. The company signed an interline agreement with Uzbekistan-based My Freighter Airlines, creating a connection between Canada and Tashkent via Europe.

  Aftermath. The agreement was intended to strengthen Canada–Central Asia cargo connectivity; longer-term commercial results are not provided in the reference material.

  Source
• 2024Cancellation of four Boeing 777 deliveriesStrategy

  Cargojet reassessed its planned wide-body freighter expansion in response to softer cargo demand.

  What changed. The company announced that it would no longer take delivery of four Boeing 777 aircraft on order.

  Aftermath. The decision reduced the planned scale of the 777 fleet and represented a more cautious approach to capacity growth.

  Source
• 2021Planned Boeing 767F and Boeing 777F fleet additionsOther

  Cargojet sought to expand and modernize its dedicated freighter capacity.

  What changed. The company announced its intention to add Boeing 767F aircraft and Boeing 777F aircraft.

  Aftermath. The later decision not to accept four Boeing 777 aircraft showed that the original expansion plan was subsequently adjusted as cargo demand weakened.

  Source
• 2002Acquisition of Winnport LogisticsM&A

  Cargojet was developing its dedicated cargo and logistics platform after the change in ownership of Canada 3000 Cargo.

  What changed. The company acquired Winnport Logistics in July 2002.

  Aftermath. The acquisition formed part of Cargojet’s early expansion, although the available reference does not provide financial or operating details.

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• 2025Cargojet signs interline agreement with My Freighter Airlines

  Cargojet entered an interline agreement with Uzbekistan-based My Freighter Airlines to support Central Asia–North America connectivity and link Canada with Tashkent through Europe.

  Other
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• 2024Cargojet cancels delivery of four Boeing 777 freighters

  Cargojet announced that it would no longer take delivery of four Boeing 777 aircraft on order, attributing the decision to softer cargo demand.

  Product generation
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• 2024Cargojet Boeing 767 freighter overruns runway at Vancouver International Airport

  A Boeing 767-300F operating for Amazon Air overran the north runway at Vancouver International Airport while landing. The aircraft sustained substantial damage, but no injuries were reported.

  Other
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• 2021Cargojet announces planned Boeing 767F and Boeing 777F additions

  The company announced its intention to expand its freighter fleet with additional Boeing 767F aircraft and Boeing 777F aircraft.

  Product generation
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• 2019Cargojet partners with Drake as brand ambassador

  Cargojet announced a partnership with Canadian rapper Drake, appointing him as an ambassador for the brand.

  Campaign
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1. Cargojet