August 3, 2023

                                                                                                                                                                    

Mississauga, ONT – Cargojet Inc. (TSX: CJT.UN) in conjunction with the release of its Second Quarter Financial Results, will host a conference call at 7:30 a.m. Eastern Standard Time (4:30 a.m. Pacific Daylight Time) on Monday, August 14, 2023. Second Quarter results will be released prior to the market opening on August 14, 2023.  The financial results will be released by newswire as well as filed with SEDAR.  The results will also be available on our website.

Ajay K. Virmani, President and Chief Executive Officer, Scott Calver, Chief Financial Officer, Sanjeev Maini, Vice President of Finance, Jamie Porteous, Chief Commercial Officer, and Pauline Dhillon, Chief Corporate Officer of Cargojet will review second 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:    416 340 2217

                              Toll-Free Number:  1 800 806 5484         

Please reference participant code 4442583#.

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

Thursday, September 14, 2023, by dialing:

                              Local Number: 905 694 9451

                              Toll-Free Number: 1 800 408 3053           

                              Access Code:      4920963#

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 pdhillon@cargojet.com