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Cargojet sells minority stake in 21 Air to refocus on domestic and charter operations.
Canadian air cargo company Cargojet is selling its minority stake in U.S.-based 21 Air to refocus on its core domestic and charter operations.
The company says the move allows it to reallocate capital to areas where it has a strategic advantage.
Despite the sale, Cargojet will continue collaborating with 21 Air on select commercial opportunities to support growing demand in the air cargo sector.
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Cargojet vende participación minoritaria en 21 Air para volver a centrarse en las operaciones domésticas y chárter.