Cargojet, a Canadian all-cargo carrier, reported a 14% revenue increase to $1 billion in 2024, driven by significant growth in charter and domestic network revenues. Net earnings surged to $108.4 million, nearly tripling from 2023. The domestic network revenue rose by 5.9%, fueled by e-commerce and B2B volumes. The fourth quarter also saw a 32% revenue increase, with net earnings reaching $71.2 million. Despite anticipated slower growth due to potential tariffs and trade uncertainties, Cargojet remains optimistic, highlighting its strong business model and commitment to operational efficiency.

Source: https://www.stattimes.com/air-cargo/cargojet-2024-revenue-hits-1-billion-1354529