PEMCO signs deal for 3 P2Fs with YTO Cargo Airlines

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PEMCO World Services (PEMCO) has penned an agreement with Chinese carrier YTO Cargo Airlines for three Boeing 737-300 passenger to freighter (P2F) conversions.

China-based YTO is currently operating one B737-300 PEMCO-converted aircraft, and will take redelivery of the three aircraft in the fourth quarter of 2017.

YTO’s Bruce Lee says: “PEMCO was selected based on our experience with their product. We are pleased with the performance and recognise the operating economics to support our goal to be the ‘Choice of the Chinese’.”

PEMCO director go conversion programs, Mike Andrews says: “We’re honoured to be selected by YTO. We look forward to our continued partnership and supporting their growth.”

The B737-300 PEMCO-converted aircraft features nine pallet positions, up to 43,100 tonnes of payload, and 4,600 cubic feet of total volume.

PEMCO chief executive officer, Pastor Lopez adds: “We continue to build relationships and market share in China. We’re proud to work with YTO on this upcoming project.”

This news comes hot on the heels of PEMCO being acquired last month by Air Transport Services Group (ATSG) subsidiary, Airborne Maintenance and Engineering Services (AMES).