The request for federal cash comes months after Cargojet said it signed a 3-year, $160 million deal to operate flights between Vancouver and Hangzhou, China using Boeing 767s.
As cash-strapped, trend-conscious young consumers propelled ultra fast fashion brands Temu and Shein to the top of the list of e-commerce retailers, they also created chaos and a logistical quagmire for the air cargo industry.
The Mississauga-based company has hired a lobbyist to press Innovation, Science and Economic Development Canada for “grants, loans or other financial benefits” as it develops the new facility, according to aCargojet says its plan would see the company build a maintenance, repair and overhaul facility for its own fleet of 41 Boeing 757 and 767 freighter airplanes.
Cargojet has hired Mathieu Ouellet, a Montreal-based lobbyist for KPMG, as the lobbyist to help arrange meetings with ISED, MPs and other government officials to help secure federal support for its project.Prince George Swift fans rent car to attend concert after flight to Vancouver cancelledBreaking down the financial impacts of the Canada Post strikeOuellet,, a senior manager of strategy and economic advisory services at KPMG who was hired Dec.4, could not be reached for comment late Friday.
News of the request for federal financial assistance comes just a few months after Cargojet announced that it signed a three-year, $160 million agreement with China-based Great Vision HK Express to provide scheduled charter air cargo services. The flights will operate from Hangzhou, China to Vancouver, B.C., and from Vancouver, B.C. to Hangzhou, usiing B767-300F aircraft flying a minimum of three trips per week.The 22-year-old Canadian cargo airline has grown into a $900 million a year operation that employs more than 1,800 people across Canada.Read
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