As part of a broad expansion of international charter operations, Canadian carrier Cargojet (TSX: CJT) is aggressively looking to invest in a startup cargo airline in the U.S. so it can participate in strong trade routes where it is currently blocked from offering service because of its foreign status, CEO Ajay Virmani said Monday.
Backing a small entity that essentially acts as a U.S. license holder would require a modest investment of $5 million to $20 million instead of hundreds of millions...
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