Cargojet Inc.'s chief executive said Monday the air cargo company is cutting back on the "overspending" it incurred to meet a demand influx during the COVID-19 pandemic as it reported a decline in profit in its latest quarter. To prepare Cargojet to ride the current economic cycle, president and CEO Ajay Virmani said the company, which provides air cargo services to major cities across North America with a fleet of 40 aircraft, has shifted its focus to cost management and rightsizing its