Business
Cargojet and Great Vision HK Express announce agreement to provide air cargo service between China and Canada
Cargojet and Great Vision HK Express announce agreement to provide air cargo service between Chin...
About this update from Cargojet Inc.
[{"type":"text","content":"\n \n \n \n Cargojet and Great Vision HK Express announce agreement to provide air cargo service between China and Canada\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MISSISSAUGA, ON\n \n \n ,\n \n \n June 10, 2024\n \n \n /CNW/ - Cargojet (TSX: CJT) announced today that it has entered into a three-year agreement with\n \n China\n \n -based Great Vision HK Express to provide scheduled charter services—from\n \n Hangzhou, China\n \n to\n \n Vancouver, B.C.\n \n , and from\n \n Vancouver, B.C.\n \n to\n \n Hangzhou\n \n , China—utilizing B767-300F aircraft.\n \n \n Servicing the rapidly expanding Chinese e-Commerce sector, Cargojet will operate a minimum of three flights per week and began service on\n \n May 22\n \n ,\n \n ,\n \n 2024, with eight flights successfully completed to date. Total revenue for this program is estimated at over CAD $160M for the full term of the agreement.\n \n \n \"Leveraging Cargojet's industry-leading record of on-time performance and reliability, together with the connection opportunities from\n \n Vancouver\n \n to fifteen other cities in\n \n Canada\n \n , will allow Great Vision HK to provide enhanced services for\n \n China\n \n -based e-Commerce service providers, to their customers across\n \n Canada\n \n ,\" said Jamie B. Porteous, Co-Chief Executive Officer.\n \n \n \"We continue to explore opportunities to maximize asset and aircraft utilization and look forward to a strong partnership with Great Vision HK,\" added\n \n Pauline Dhillon\n \n , Co-Chief  Executive Officer.\n \n \n \n Christine Cheng\n \n , co-founder and Chief Operating Officer at Great Vision HK, said: \"This is an important milestone for Great Vision HK, and we've partnered with Cargojet, another industry-leader in\n \n Canada\n \n , to provide top-quality transportation services to our customers in\n \n Asia\n \n .\"\n \n \n Great Vision HK provides its customers with\n \n China\n \n -to-\n \n Canad...