News | January 17, 2007

Pemco Aviation Announces Bluebird B737-400 Cargo Conversion Program

Birmingham, AL - Pemco Aviation Group, Inc. announced recently that its Dothan, Alabama subsidiary, Pemco World Air Services, Inc., has entered into a new contract with Bluebird Cargo (Bláfugl ehf), a company with its primary offices located in Iceland, to convert two B737-400 aircraft to freighter configuration. The work will take place at the STAECO facility in Jinan, China pursuant to Pemco's 2005 partnership agreement with Taikoo (Xiamen) Aircraft Engineering Company (TAECO) and Taikoo (Shandong) Aircraft Engineering Company (STAECO).

"Bluebird was our first customer under our new 737-300 STC in 2001 and they continue their commitment to innovative excellence in their choice of Pemco for conversion of their 737-400 aircraft," states Ron Aramini, President and Chief Executive Officer of Pemco Aviation Group. "We have enjoyed our long-standing relationship with Bluebird and look forward to delivering our next generation of B737 freighter conversions to them."

"We see the B737-400 freighter as a natural next development in our fleet, which currently includes five B737-300 freighter aircraft. We have found Pemco to be a reliable conversion partner, and are excited about their -400 program," states Thor Kjartansson, Chief Executive Officer of Bluebird Cargo.

Kevin Casey, Vice President, Commercial Business Development said, "The B737-400 has become the aircraft of choice for operators looking for proven reliability and operational excellence. Pemco has brought the first conversion of this aircraft model to market with the delivery of Alaska Airline's new B737-400 freighter in July of this year and we are seeing a definite rise of interest in this aircraft on an international basis. We are excited about the Bluebird program and grateful that the top cargo operators like Bluebird are responding favorably to Pemco's many investments aimed at providing world class products and service one might expect of a market leader in cargo conversions."

SOURCE: Pemco Aviation Group, Inc