Cargojet Appoints Aaron McKay as New CFO to Strengthen Leadership

Cargojet ( (TSE:CJT) ) has issued an announcement.

Cargojet has appointed Aaron McKay as its new Chief Financial Officer, effective August 1, 2025. McKay’s extensive experience in the airline industry and financial leadership is expected to bolster Cargojet’s executive team, aiding in the company’s strategic initiatives and reinforcing its position as a market leader in air cargo services.

The most recent analyst rating on (TSE:CJT) stock is a Hold with a C$120.00 price target. To see the full list of analyst forecasts on Cargojet stock, see the TSE:CJT Stock Forecast page.

Spark’s Take on TSE:CJT Stock

According to Spark, TipRanks’ AI Analyst, TSE:CJT is a Outperform.

Cargojet’s overall stock score reflects strong earnings performance and strategic growth initiatives, with a solid valuation balancing moderate technical momentum. While financial performance is robust, risks from increasing leverage and negative free cash flow warrant attention. Earnings call insights and corporate events add positive sentiment, reinforcing investor confidence.

To see Spark’s full report on TSE:CJT stock, click here.

More about Cargojet

Cargojet is Canada’s leading provider of time-sensitive air cargo services, operating a fleet of 41 cargo aircraft to serve major cities across North America. The company offers dedicated, ACMI, and international charter services, transporting over 25 million pounds of cargo weekly, with a focus on reliability and innovation in premium air cargo solutions.

YTD Price Performance: -13.29%

Average Trading Volume: 85,681

Technical Sentiment Signal: Sell

Current Market Cap: C$1.45B

Learn more about CJT stock on TipRanks’ Stock Analysis page.