Cargojet Airways, the Hamilton, Toronto based all cargo carrier which operates a fleet of Boeing 767F, Boeing 757F and Boeing 727F aircraft has been partnering with United Parcel Services (UPS) in Canada for many years. This cooperation is seemingly so good that both companies have decided to enter into a new agreement which will replace the one originally put into place back in 2003.
The so called Air Cargo Service Agreement entered into by both companies allows Cargojet to provide domestic overnight air cargo services throughout Canada for UPS.
The network offered by Cargojet is seen to be ideal for UPS Canada and the cooperation of the past 12 years has shown that both companies are happy with the way things are moving.
Cargojet offers a wide all-cargo daily network within Canada stretching from east to west. The carrier which started services in 2001 has gradually moved up the ladder and has placed itself as the leading Canadian domestic airfreight airline.
In 2007 Cargojet took over the services of Georgian Express Limited and in 2008 51 percent of Prince Edward Airlines.
Long-term partnership intended
Ajay Virmani, President and CEO of Cargojet holds a 51% stake in the airline.
He states that “Cargojet is extremely pleased to have successfully extended our long standing business relationship as the primary domestic air cargo service provider to UPS in Canada. Cargojet will continue to provide highly reliable and cost-effective overnight air cargo services to UPS,” he adds.
The new agreement has an initial term of ten years with two, three year renewal options.
The carrier’s present fleet totals 24 aircraft, ten of which are Boeing 767Fs of the -200 and -300 series and are converted passenger variants.
The five Boeing 757Fs are also converted pax aircraft.
The company started operations with the venerable Boeing 727F in 2001 and still has nine of this type in its fleet.
John Mc Donagh
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