June 21, 2016: Pemco World Air Services (PEMCO) has signed a memorandum of understanding (MOU) with European-based aviation asset management company, Vallair, for a B737-400 passenger-to-freighter conversion. The agreement marks the first PEMCO-converted aircraft for Vallair.
The aircraft will be inducted this month in Jinan Shandong, China, where the conversion will be accomplished by PEMCO’s partner, STAECO. The PEMCO-converted aircraft is scheduled for redelivery in September.
The B737-400 PEMCO-converted aircraft features 11 pallet positions, up to 48,000 pounds of payload, and 4,600 cubic feet of total volume. The optimised centre of gravity of PEMCO’s B737-400 freighter yields the highest possible usable payload and retains maximum best-in-class fuel efficiency for unbeatable range and operating economics.
“We chose PEMCO based on their quality of work, countless years of experience, and solid on-time record,” said Gregoire Lebigot, chief executive officer, Vallair.
Vallair specialises in the acquisition of end of life A320, B737 and ATR aircraft. To date, the company has acquired more than 25 A320s’, 20 B737s’, 4 ATRs’ and 40 CFM56-3/-5 and V2500 Power plants.