Cargojet Airways (Hamilton) has painted the first aircraft for the new Purolator contract.

Cargojet is taking over all Canada Post/Purolator flying after beating out Kelowna Flightcraft for the new contract.

On February 19, 2014 Cargojet announced they have been awarded the Domestic Air Cargo Network Services contract and have signed a Master Services Agreement with the Canada Post Group of Companies (CPGOC) for an initial seven-year (7) term with three (3) thirty-six month (36) renewal options. Projected revenues are estimated to be approximately one billion dollars during the initial seven-year agreement based on projected volumes.

Cargojet will provide comprehensive Canada-wide air cargo services for the Group of Companies, including Purolator’s national air cargo network. Cargojet’s domestic overnight network will be expanded and enhanced significantly to handle the additional volumes and provide a virtual dedicated Air Cargo Network to the Canada Post Group of Companies.

Purolator is Canada’s leading integrated freight and parcel solutions provider.

Copyright Photo: Chris Sands/AirlinersGallery.com. Former Star Air Boeing 767-39H ER C-FGSJ (msn 26256, ex OY-SRS) departs majestically from Calgary International Airport.

Cargojet aircraft slide show: