June 21st, 2024

Cargojet signs three-year deal to operate charter flights to China

By The Canadian Press on June 10, 2024.

Cargojet shipping facility at the John C. Munro Hamilton International Airport in Hamilton, Ont., February 23, 2024. THE CANADIAN PRESS/Nick Iwanyshyn

MISSISSAUGA, Ont. – Cargojet Inc. has signed a three-year agreement with Chinese company Great Vision HK Express to provide scheduled charter flights between Vancouver and China.

The company says it will fly a B767-300F aircraft on a route connecting Hangzhou, China, and Vancouver.

Under the agreement, Cargojet will operate a minimum of three flights per week.

Cargojet says total revenue for the program is estimated to top $160 million for the full term of the agreement.

Service began on May 22.

Cargojet provides air cargo services to cities across North America with a fleet of 41 aircraft.

This report by The Canadian Press was first published June 10, 2024.

Companies in this story: (TSX:CJT)

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