Cargojet announced a 46 percent increase in revenue to CAD 234 million ($182 million) compared to first quarter 2021 revenues of CAD 160 million ($125 million) on strong contribution from the all-in charter segment that benefited from robust demand for global air cargo.
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Net loss for the quarter was CAD 56 million ($44 million) compared to net income of CAD 89 million ($69 million) in 2021, according to an official announcement.
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