Cargojet 757
Photo: Cargojet

Cargojet’s foray into the B777 freighter arena has ended before it had taken off.

A year ago, Canada’s largest all-cargo carrier was on course for a fleet of eight B777 freighters, but the downturn in the market prompted management to sell the aircraft and all but bury aspirations on that front.

However, stronger-than-anticipated business has led to a decision to halve the number of B757Fs earmarked for dry lease or sale.

Management shifted into reverse ...

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