Cargojet Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CAD 233.6 million compared to CAD 160.3 million a year ago. Net loss was CAD 56.4 million compared to net income of CAD 89.4 million a year ago. Basic loss per share from continuing operations was CAD 3.26 compared to basic earnings per share from continuing operations of CAD 5.35 a year ago. Diluted loss per share from continuing operations was CAD 3.26 compared to diluted earnings per share from continuing operations of CAD 5.24 a year ago.