March 16, 2022

Mississauga, ONT – Cargojet Inc. (TSX: CJT.UN) in conjunction with the release of its First Quarter Financial Results, will host a conference call at 8:30a.m. Eastern Standard Time (5:30a.m. Pacific Daylight Time) on Monday, May 2, 2022.  First Quarter results will be released prior to the market opening on Monday, May 2, 2022.  The financial results will be released by newswire as well as filed with SEDAR.  The results will also be available on our website.

Dr. Ajay Virmani, President and Chief Executive Officer, Jamie Porteous, Chief Strategy Officer,  Pauline Dhillon, Chief Corporate Officer, and Sanjeev Maini, Interim Chief Financial Officer of Cargojet will review first quarter financial results and corporate developments.

To participate in this conference call, please dial the following number(s) approximately five minutes prior to the commencement of the call:

                                Local Number:                 647 484 0258

                                Toll Free Number:           1 800 289 0720

Please reference as a Participant of the Cargojet Conference Call.

Should you be unable to participate, an instant replay will be available until

Thursday, May 12, 2022 by dialing:

                                Local Number:                  647 436 0148

                                Toll Free Number:           1 888 203 1112

                                Access Code:                      2469039#

For any one on one calls please contact Sanjeev Maini to coordinate timing.  We look forward to having you participate in our call.

Pauline Dhillon

Chief Corporate Officer

Tel: (905) 501 7373 or