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Cargojet Inc. (Cargojet) announced on Feb. 5 that it has purchased a ground handling and ground support equipment (GSE) company at Mirabel International Airport in Quebec for approximately $3 million. The agreement to purchase includes all company assets and assumes all current lease arrangements.
“The acquisition of this ground handling and GSE company is the continuation of our strategic initiative to insource all ground handling operations at airports across Canada,” said Ajay Virmani, Cargojet chief executive officer. “We are pleased to welcome our new team members to the Cargojet family and look forward to integrating and growing our business at Mirabel and across the country by continuing [to] provide our customers with the best in class air cargo service and reliability,” stated Virmani.
Cargojet is Canada’s provider of time sensitive overnight air cargo services and carries over 1.3 million lbs of cargo each business night. Cargojet operates cargo services across Canada and the U.S., and is based out of John C. Munro Hamilton International Airport.
