Canadian all-cargo carrier Cargojet announced third-quarter adjusted earnings before interest, tax and depreciation (EBITD) of US$18.7 million, an increase of $10.2 million, or 120 percent over same period in the previous year. Total revenues rose 7.2 percent, year-over-year, to $59.9 million.
“We are very pleased with the strong financial results achieved in the third quarter,” said Ajay Virmani, Cargojet’s president and CEO. “We continue to focus on optimizing our overnight network, growin…
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Source: aircargoworld