TORONTO, Feb. 18 /CNW/ - Cargojet Income Fund (the "Fund") (TSX: CJT.UN)
announced today a cash distribution of $0.0675 per unit for the period from
February 1, 2009 to February 28, 2009. The distribution will be paid to
unitholders of record at the close of business on February 28, 2009 and will
be payable on or before March 13, 2009.
For those unit holders holding units outside a tax deferred plan, the
Fund estimates that 96% of the distributions made in 2009 will be treated as
taxable income and the balance as a return of capital. The proportion of these
figures may change when the actual results for the fiscal year are calculated.
Cargojet is Canada's leading provider of time sensitive overnight air
cargo services. Cargojet operates its network across North America,
transporting approximately 750,000 pounds of time sensitive air cargo each
business night, utilizing a fleet of thirty-five all cargo aircraft.
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.
For further information:
For further information: P. Dhillon, Vice President Marketing, Public &
Government Relations, Tel: (905) 501-7373, firstname.lastname@example.org