Precision Aircraft Solutions (Precision) has been awarded a contract from AerSale for six additional Boeing 757-200PCF conversions plus four options, bringing the total number of potential commitments to sixteen.
AerSale began converting its first 757-200PCF in January 2021 and the sixth unit will be inducted in February 2022. Later this year, AerSale will begin inducting additional Boeing 757-200 conversions in HAECO Xiamen to supplement existing capacity in North America.
Nick Finazzo, AerSale’s Chairman and Chief Executive Officer said: “Our partnership with Precision addresses capacity constraints 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.”