BEAVERTON, Ore. (January 11, 2021) – Precision Aircraft Solutions announced today that it has been awarded a contract from AerSale® [NASDAQ: ASLE] to supply Precision B757-200PCF modification kits for AerSale’s 757-200 aircraft. AerSale recently announced the acquisition of (24) 757-200s, and work has already begun to install Precision’s premier 757-200PCF conversion kit on AerSale’s first aircraft, MSN 29594 which was manufactured in 1999.
Stated Vice President of Marketing and Sales, Brian McCarthy, “AerSale has been a select 757 cargo conversion facility for Precision since 2013, and is focused on expanding its presence in the narrow-body cargo aircraft arena. As a cargo conversion expert, we are pleased to see their continued preference for our 757-200PCF modification. With nearly 130 completed conversions, the 757-200PCF continues to be a market leader in overall performance and operating economics in the highly competitive freighter environment.
“We view our relationship with Precision more as a partnertship, where each of us are cooperating to supply converted B757-200 aircraft to the marketplace through the supply of conversion kits, labor and the feed-stock aircraft. We are both a maintenance provider and customer of Precision. AerSale is pleased to be offering what we consider to be a superior product with our Precision B757-200PCF freighters, said Craig Wright, AerSale’s President of Aircraft & Engine Management.