Cargojet Launches New Enhanced Air Cargo Network

MISSISSAUGA, ON, March 17, 2015 /CNW/ - Cargojet Inc (TSX: CJT) Cargojet today announced the expansion of its domestic air cargo network effective April 1, 2015.

The recent introduction of five new Boeing 767-300F Extended Range Freighters, three new Boeing 767-200F Extended Range Freighters, and one new Boeing 757-200F Extended Range Freighter, brings Cargojet's all-cargo freighter fleet to a total of twenty-four aircraft.  These will provide significant additional air cargo capacity to meet the needs of our growing customer base across Canada.  

"With additional overnight frequencies; more direct flights; and wide-body freighter service to ten major Canadian cities, this new enhanced air cargo network will provide our customers with the consistent operational reliability that they demand. Cargojet is committed to providing a safe, secure and highly reliable level of service to our customers at all times," said Dr. Ajay Virmani, President  & CEO of Cargojet. "As demand for premium air cargo services continues to grow, especially in response to e-commerce business activity, Cargojet will continue to expand our range of value-added services and overall capacity available to our customers." added Dr. Virmani.

Cargojet is Canada's leading provider of time sensitive overnight air cargo services and carries over 1,000,000 pounds of cargo each business night.  Cargojet operates its network across North America each business night, utilizing a fleet of all-cargo aircraft. For more information, please visit: www.cargojet.com.

Notice on Forward Looking Statements:

Certain statements contained herein constitute "forward-looking statements".  Forward-looking statements look into the future and provide an opinion as to the effect of certain events and trends on the business.  Forward-looking statements may include words such as "plans," "intends," "anticipates," "should," "estimates," "expects," "believes," "indicates," "targeting," "suggests" and similar expressions.  These forward-looking statements are based on current expectations and entail various risks and uncertainties. Reference should be made to the issuer's most recent Annual Information Form filed with the Canadian securities regulators, and its most recent Annual Consolidated Financial Statements and Quarterly Financial Statements and Notes thereto and related Management's Discussion and Analysis (MD&A), for a summary of major risks. Actual results may materially differ from expectations, if known and unknown risks or uncertainties affect our business, or if our estimates or assumptions prove inaccurate.  The issuer assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason, other than as required by applicable securities laws. In the event the issuer does update any forward-looking statement, no inference should be made that the issuer will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

SOURCE Cargojet Inc.

For further information: Pauline Dhillon, Senior Vice President Marketing, Public & Government Relations, Tel: (905) 501-7373, pdhillon@cargojet.com


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