Freight AerSale orders up to 10 Boeing 757-200PCF conversions at Precision

Precision Aircraft Solutions has announced a new order for up to 10 converted Boeing 757 freighter aircraft.

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AerSale has signed a purchase agreement with Precision over six additional Boeing 757-200PCF conversion. In addition, the company holds purchase rights for four more freighter, bringing the maximum of aircraft awarded in this contract to 10.

The first conversion has already begun at HAECO Xiamen in China and the aircraft will be used to supplement existing cargo capacity in North America. With this order, the total commitment of AerSale for Precision´s converted 757 will rise to 16 aircraft.

Gary Warner, President of Precision Aircraft Solutions, said: “Precision is pleased to work with AerSale for these additional 757-200PCF conversions. We value the ongoing business from AerSale, and the 757-200PCF continues to be a reliable and efficient workhorse for e-commerce and general cargo customers. Precision has substantially increased production capacity for both A321 and 757 conversion programs to meet the unprecedented demand.”

Nick Finazzo, AerSale’s Chairman and Chief Executive Officer, added: “Our partnership with Precision addresses capacity contraints of freighter aircraft in the market.  Through our collective work, we are able to provide timely relief to the supply chain through converted B757-200 aircraft by leveraging our access to the necessary expertise, feedstock of aircraft and precision conversion kits. Our relationship with Precision is critical to our efforts, and we are pleased to work together, both as a customer and maintenance supplier.”

After delivery, AerSale will be providing the freighter aircraft to airlines that are in need of additional freighter capacity. Especially over the course of the pandemic, E-Commerce experienced a strong growth rate which is expected to continue through the next years.

Precision Aircraft Solutions offers freighter conversions, aircraft modification options and a complement of OEM-equivalent integrated aircraft services. Airlines, OEMs, MROs, and leasing companies around the globe are using the company´s services.

The Boeing 757-200PCF freighter is certified by the FAA, EASA, CAAC, Brazil, Russia and Canada and has been delivered over 120 times to customers around the world. The aircraft offers 15-pallet operations and the lowest operating empty weight of any 757 conversion.

Source © precisionaircraft.com

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