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Ajay Virmani Featured On ROBTv

Mississauga, ONT, August 15, 2006 - Cargojet Income Fund (the “Fund”) (TSX: CJT.UN) announced today that Ajay K. Virmani, President and Chief Executive Officer of the Fund, will be featured live on ROBTv (Report On Business), on Wednesday, August 16, 2006 at 10:40A or alternatively the interview may be seen by webcast on www.robtvo.com.

After reporting strong Second Quarter Financial Results, Mr. Virmani was invited to be interviewed on the program by it’s host Jim O’Connell. “I am delighted to be participating in an interview with ROBTv allowing me to provide my insights and vision of the Air Cargo Industry in Canada. It is a dynamic market and Cargojet has become a significant and dominant player in the Canadian overnight air cargo industry over the past few years,” said Ajay K. Virmani, President and CEO of the Fund.

ROBTv is Canada’s most trusted business source and provides daily access to the brightest financial and business experts in Canada. ROBTv is also Canada’s first and only all business news station to webcast on the Internet.

Cargojet is Canada's leading provider of time sensitive overnight air cargo service. Cargojet operates its network from coast to coast transporting over 500,000 pounds (226.8 tonnes) of volumetric time sensitive air cargo to thirteen major cities in Canada each business night.

For additional information, please contact

Pauline Dhillon, VP Marketing, Public & Government Relations
905 501 7373 ext 135
or at pdhillon@cargojet.com