Cargojet Successfully Recertifies ISO 9001 Quality Accreditation

    TORONTO, May 27 /CNW/ - Cargojet Income Fund (the "Fund") (TSX: CJT.UN)
today announced the successful recertification of its ISO 9001:2008 Quality
Standard Accreditation, for the ninth consecutive year. Cargojet is the only
air cargo carrier in Canada with this accreditation.
    "This accreditation reinforces the continuity of the value added, safe,
on time and reliable service Cargojet provides to its customers on a daily
basis. It includes a review of an organization's documented quality management
system and ongoing audits of the facility to ensure the quality management
system has been implemented and is effective" says Ajay K. Virmani, President
and CEO of the Fund. "We have once again earned this certification due to the
hard and conscientious efforts of our team of dedicated professionals, who
continue to surpass our customers expectations while maintaining excellence in
standards and procedures", adds Virmani.
    Cargojet is Canada's leading provider of time sensitive overnight air
cargo service. Cargojet operates its network across North America transporting
over 750,000 pounds of time sensitive air cargo each business night, utilizing
a fleet of thirty-four 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. 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.

    %SEDAR: 00022068E

For further information:

For further information: P. Dhillon, Vice President Marketing, Public &
Government Relations, Tel: (905) 501 7373,

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