Post Tagged with: "PEMCO"

GAMECO will be PEMCO's third conversion center in China.

GAMECO is PEMCO’s third conversion center in China

July 6, 2017 at 10:12 am 0 comments

One way to measure the demand for passenger-to-freighter conversions is through the partnerships formed by the conversion houses with MRO facilities. Most conversion houses have a facility of their own, but also have agreements with one or more MROs, allowing them to do more conversions than they could on theirRead More

GECAS will double its 737-800 freighter conversion orders

GECAS will double its 737-800 freighter conversion orders

June 21, 2017 at 10:57 am 0 comments

Following yesterday’s announcement of a four-unit 737-800BCF lease order from the West Atlantic Group, GECAS today said it planned to more than double its orders for 737-800 passenger-to-freighter conversions, adding thirty more to the twenty-five it has already ordered from Aeronautical Engineers, Inc (AEI) and Boeing. We’ll start with someRead More

ATSG forecasts “solid growth into the next decade”

ATSG forecasts “solid growth into the next decade”

May 4, 2017 at 10:37 am 0 comments

Air Transport Services Group (ATSG) reported first-quarter net income up 21.5% y-o-y to $10.0 million as net revenue jumped 34.1% to $238 million. Operating income for the quarter was up 15.6% to $17.7 million. Adjusting for the impact of non-cash expenses related to warrants associated with ATSG’s agreement with Amazon,Read More

PEMCO launches 737-700 conversion programs, books launch order

PEMCO launches 737-700 conversion programs, books launch order

April 26, 2017 at 9:53 am 0 comments

SHANGHAI – At the Cargo Facts Asia event in Shanghai today, PEMCO World Air Services formally launched passenger-to-freighter and passenger-to-combi programs for Boeing’s 737-700. PEMCO, which was recently acquired by Air Transport Services Group, also announced a launch order from Bahrain-based Chisholm Enterprises, parent of charter operator Texel Air, forRead More

China’s newest all-cargo carrier takes to the skies

China’s newest all-cargo carrier takes to the skies

March 29, 2017 at 10:38 am 0 comments

Early this morning, Guangzhou-based all-cargo start-up, Longhao Airlines put its first 737-300F into revenue service on a flight between Jiangsu Nantong Xindong Airport (NTG) and Guangzhou Baiyun Airport (CAN). The carrier, which has already inked a deal to carry cargo on behalf of Shenzhen-based SF Express Airlines, has ambitious plansRead More

YTO goes west with new joint-venture airline and hub

YTO goes west with new joint-venture airline and hub

March 2, 2017 at 10:13 am 0 comments

Last week, executives from YTO Express, and its airline subsidiary, YTO Express Airlines, were in Shaanxi Province in central China finalizing an agreement to establish a new joint-venture cargo airline in the province’s capital city, Xi’an. The launch of Northwest International Cargo Airlines (as the airline will likely be knownRead More

YTO’s rapid expansion prompts order for three 737-300P2F conversions

YTO’s rapid expansion prompts order for three 737-300P2F conversions

February 15, 2017 at 11:03 am 0 comments

Almost exactly one year ago, Hangzhou-based YTO Express Airlines announced an order for ten Boeing 737-800BCFs (Boeing Converted Freighters), with options for an additional ten. This week, the carrier went public with a separate order for three 737-300 freighter conversions with PEMCO World Air Services. YTO’s new purchase commitment highlights itsRead More

ATSG acquires PEMCO

ATSG acquires PEMCO

January 3, 2017 at 10:45 am 0 comments

Air Transport Services Group (ATSG) significantly expanded its MRO footprint (and added a new conversion business) with the acquisition, announced this morning, of US-based MRO and conversion company PEMCO World Air Services. The acquisition was made through ATSG’s MRO subsidiary Airborne Maintenance and Engineering (AMES). PEMCO, which was owned byRead More