Ajay Virmani Net Worth

What is Ajay Virmani's Net Worth?

Ajay Virmani is a businessman who has a net worth of $300 million. Ajay Virmani is best known for being the President and CEO of Cargojet. He acquired half of Canada 3000 Cargo in 2002 and 2001 and purchased the other half in 2002 before changing the company's name that year. The company is a scheduled cargo airline and is based in Ontario, Canada. Cargojet operates cargo services in Canada as well as internationally and also operates full aircraft charters, with its main base at the John C. Munro Hamilton International Airport.

The company's fleet includes Boeing 767-300s and Boeing 757-200s as well as Challenge 601s. Virmani was the Senior Vice President of Cottrell Transport Inc. from 1977 to 1990 before forming Commercial Transport International Ltd. That company quired Fastair Cargo Systems Ltd. Which later acquired Cottrell and was acquired by Eagle Global Logistics. Ajay Virmani earned his masters degree from City University of New York.