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Cargojet Inc.
2/25/2026
Good day and welcome to the Cargadet year-end conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to David Tomjanovic, Vice President, Investor Relations. Please go ahead.
Good morning, everyone, and thank you for joining us on this call today. With me on the call today are A.J. Vermani, Executive Chairman, Pauline Dillon, Chief Executive Officer, Aaron McKay, Chief Financial Officer, Sanjeev Maini, Vice President, Finance, and Remy Tremblay, General Counsel and Corporate Secretary. After opening remarks throughout the quarter, we'll open the call for questions. I would like to point out that certain statements made on this call, such as those relating to our forecast revenues, costs, and strategic plans, are forward-looking within the meaning of applicable securities laws. This call also includes references to non-GAAP measures, such as adjusted EBITDA, adjusted earnings per share, and return on invested capital. Please refer to our most recent press release and MD&A for important assumptions and cautionary statements relating to our forward-looking information and for reconciliation of non-GAAP measures to GAAP income. I will now turn the call over to A.J.
Good morning, everyone, and thank you for joining us this morning. Before we begin the detailed review of the quota, I'd like to offer a few broader remarks. CargoJet operates at the intersection of local trade, capital discipline, and time-critical logistics. In stable environments, that create opportunities. In volatile environment, it demands clarity, discipline, and execution. What defines this company is not the cycle. It is how we manage to it. As previously announced, we transitioned to a single CEO structure as part of our long-planned succession framework. I'm pleased that this is our first quarterly call with Pauline Dillon as Chief Executive Officer. This next phase of CarGridget's evolution is centered on sharpened accountability and disciplined execution. The board has been very clear in its mandate to Pauline and her management team. Other priorities are extremely straightforward. Deliver profitable growth with strong returns on invested capital. Maintain operational excellence and industry-leading reliability. delivered safely. Exercise rigorous cost control and discipline while maximizing utilization of our fleet and infrastructure. And last of all, continue investing in our people and leadership depth to ensure sustainable and long-term performance. Strong financial outcomes are only possible with a strong culture and an engaged workforce. That remains a core competitive advantage for cargojet. These principles guide our capital allocation, our operating discipline, and our long-term value creation. Pauline and her team are fully focused on delivering against these objectives. Before I turn The call over, I'd like to express my sincere appreciation. On behalf of the Board of Directors, I want to thank more than 2,000 college employees for their professionalism, resilience, and commitment to excellence. I want to thank them for coming through one of the roughest winters that I've seen in the last 30 years and maintaining our on-time performance. To our customers, Thank you for your continued trust. We'll continue to earn your business every day. And to our shareholders, thank you for your confidence and long-term support. We remain totally committed to disciplined execution, financial strength, and sustainable value creation. With that, I want to thank everyone and turn the call over to Pauline.
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