![Ajay Virmani](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Ajay Virmani
Founder at
CARGOJET INC.
Net worth: 26 M $ as of 29/09/2026
Profile
Ajay K.
Virmani is the founder of Canada 3000 Cargo, Inc., founded in 2001.
Mr. Virmani is the founder of Cargojet, Inc., founded in 2002, and holds the title of Executive Chairman & President since 2024.
Current jobs include President & Chief Executive Officer at Cargojet GP, Inc. since 2005; Independent Director at The Toronto-Dominion Bank since 2022; Director at Cargojet Airways Ltd.; and Director at Invest Ontario.
Former jobs include President & Chief Executive Officer at Cargojet Income Fund from 2005 to 2011; President & Chief Executive Officer at Fastair Cargo Systems Ltd. from 1990 to 2000; President & Chief Executive Officer at Commercial Transport International (Canada) Ltd. from 1990 to 2000; President at EGL, Inc. from 2000 to 2001; and Senior Vice President at Cottrell Transport, Inc. from 1977 to 1990.
Education includes an MBA from City University of New York, conferred in 1985, and a doctorate from Assumption University (Canada).
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
CARGOJET INC. 2.36% | 17/03/2026 | 349,006 ( 2.36% ) | 22 M $ | 29/09/2026 |
| 30/07/2026 | 38,448 ( 0% ) | 5 M $ | 29/09/2026 |
Ajay Virmani active positions
| Companies | Position | Start |
|---|---|---|
| CARGOJET INC. | Founder | 31/12/2001 |
| THE TORONTO-DOMINION BANK | Director/Board Member | 23/08/2022 |
Cargojet GP, Inc. | Chief Executive Officer | 31/12/2004 |
Cargojet Airways Ltd.
 Cargojet Airways Ltd. AirlinesTransportation Provides air cargo transportation services | Director/Board Member | - |
Invest Ontario
 Invest Ontario Financial ConglomeratesFinance Operates an investment attraction agency | Director/Board Member | - |
Former positions of Ajay Virmani
| Companies | Position | End |
|---|---|---|
Cargojet Income Fund
 Cargojet Income Fund AirlinesTransportation Provides overnight air cargo services | President | 05/01/2011 |
EGL, Inc.
 EGL, Inc. Air Freight/CouriersTransportation Provides transportation and logistics services | President | 31/12/2000 |
Commercial Transport International (Canada) Ltd.
 Commercial Transport International (Canada) Ltd. Air Freight/CouriersTransportation Provides air freight forwarding services | Chief Executive Officer | 31/12/1999 |
Fastair Cargo Systems Ltd.
 Fastair Cargo Systems Ltd. Air Freight/CouriersTransportation Provides air freight forwarding services | Chief Executive Officer | 31/12/1999 |
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Education of Ajay Virmani
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
51
1st degree connections
13
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 13 |
|---|---|
The Toronto-Dominion Bank
 The Toronto-Dominion Bank Major BanksFinance Provides personal, commercial, retail and corporate banking, wealth management & insurance services | Finance |
EGL, Inc.
EGL, Inc. Air Freight/CouriersTransportation Provides transportation and logistics services | Transportation |
Cargojet Income Fund
Cargojet Income Fund AirlinesTransportation Provides overnight air cargo services | Transportation |
Cargojet, Inc.
 Cargojet, Inc. Air Freight/CouriersTransportation Provides air cargo transportation services | Transportation |
Cargojet Airways Ltd.
Cargojet Airways Ltd. AirlinesTransportation Provides air cargo transportation services | Transportation |
Fastair Cargo Systems Ltd.
Fastair Cargo Systems Ltd. Air Freight/CouriersTransportation Provides air freight forwarding services | Transportation |
Canada 3000 Cargo, Inc.
 Canada 3000 Cargo, Inc. AirlinesTransportation Provides air freight transportation services | Transportation |
Commercial Transport International (Canada) Ltd.
Commercial Transport International (Canada) Ltd. Air Freight/CouriersTransportation Provides air freight forwarding services | Transportation |
City University of New York
 City University of New York Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Cargojet GP, Inc. | |
Cottrell Transport, Inc. | |
Assumption University (Canada)
 Assumption University (Canada) Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Invest Ontario
Invest Ontario Financial ConglomeratesFinance Operates an investment attraction agency | Finance |
- Stock Market
- Insiders
- Ajay Virmani
