Cargojet Defers 777s, Projects Growth

Cargojet Boeing 767
Credit: Gary Morris Photography / Alamy Stock Photo
Cargojet is deferring capital expenditures by approximately $400 million, largely involving four Boeing 777-300s. The Canadian cargo airline attributes the move to a slowing global economy and said it will maintain “full access” to its widebody conversion slots, through arrangements with its MRO...

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