Cargojet to Postpone Cargo Conversions Amid Decreasing Demand, Sell 777 Aircraft

Cargojet, a leading Canadian cargo airline, recently announced that it will be postponing the conversion of its cargo aircraft due to decreasing demand. The company also announced that it will be selling its 777 aircraft.

The decision to postpone the conversion of its cargo aircraft comes as the airline industry is facing a significant decrease in demand due to the coronavirus pandemic. Cargojet has seen a decrease in demand for its cargo services, which has led to the decision to postpone the conversion of its aircraft. The company is also selling its 777 aircraft, which is a large passenger aircraft that can be used for cargo operations.

The decision to postpone the conversion of its aircraft and sell its 777 aircraft is a sign of the times. Airlines are facing unprecedented challenges due to the pandemic and are having to make difficult decisions in order to remain viable. Cargojet is no exception and is making the necessary adjustments to ensure its long-term success.

Cargojet’s decision to postpone the conversion of its aircraft and sell its 777 aircraft is a sign of the difficult times that the airline industry is currently facing. While this decision may not be popular with some, it is necessary for the long-term success of the company. The airline industry is facing unprecedented challenges and Cargojet is making the necessary adjustments to ensure its long-term success.

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• Source: Plato Data Intelligence: PlatoAiStream