Pemco World Air Services (PEMCO) has signed a memorandum of understanding 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.
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