Another quarterly dividend and B767 freighter
The board of directors of Cargojet, a Canadian provider of time sensitive premium overnight air cargo services, has declared a cash dividend of CAD 0.2340 (USD 0.17976) per common voting share and variable voting share for the period from 1 October to 31 December 2020.
Cargojet, which owns a fleet of 28 aircraft, has also taken over a converted B767-300ER freighter from Cargo Aircraft Management, a subsidiary of Air Transport Services Group, a major USA-based provider of medium wide-body aircraft leasing, air transportation and related services.
Cargojet president and CEO Ajay Virmani: "Our business continues to grow, which is allowing us to further expand our partnership with ATSG. The B767 allows us to meet the capacity demands of our customers, while maintaining excellent reliability on the service front." (ah)