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PEMCO Redelivers Third Aircraft to AERGO

TAMPA, Fla. (October 21, 2013) — PEMCO World Air Services (PEMCO) and AERGO Cargo Solutions (AERGO) announce the completion of the third 737-400F of the 20-aircraft conversion deal. The fourth aircraft is in work at PEMCO’s Tampa MRO Base with an additional four aircraft to be inducted over the next three months.

All aircraft converted for AERGO to date are 737-400 eleven position high yield freighters capable of accommodating 10 full size containers (88”x125”), plus an 11th hazmat-capable container. Customers are acclaiming PEMCO’s 734F for its best in class total volume, usable payload and best fuel economy in the World.

“PEMCO is pleased to continue our successful program with AERGO Cargo Solutions,” said PEMCO President Kevin Casey. “We are gearing up for the next phase of inductions to maintain a constant source of freighters to meet market demand.”

Fred Browne, AERGO CEO added, “We are very pleased with the headway the conversion teams are making on this endeavor. The sheer volume of aircraft under contract is exciting. As I’ve stated before, our goal is to continue expanding into new markets and provide the best single-source solution for state-of-the-art, fully converted cargo aircraft for markets around the world.

About AERGO Capital: With over 14 years (combined executive experience of over 100+ years) commercial aviation experience, AERGO Capital, headquartered in Dublin, is a leading commercial aircraft lessor. It also has representative offices in London, Nairobi and Santiago de Chile. As a privately held company, AERGO Capital is in a unique position to make swift decisions and provide its customers with a “full service product” for aircraft asset management. AERGO Capital’s in-depth knowledge and experience of all aspects of the maintenance, repair and overhaul coupled with its leasing of commercial aircraft is driven by its expert in-house teams of industry professionals who work together to maximize value and minimize risk. For more information, please visit www.AERGOgroup.com.

About PEMCO World Air Services: With five decades of tested and proven aircraft support, PEMCO is a major provider of aircraft maintenance and engineered services to commercial air carriers in North America. Additionally, PEMCO has become an undisputed world leader in passenger-to-freighter conversions (second only to Boeing) with 45 customers in 20+ countries; unequalled B737 (95+ B737-300/400s in service) over 1.9 million hours of safe reliable operations; and is Airworthiness Directive free for over a decade. PEMCO is headquartered in Tampa, Florida with partner operations in Asia and Latin America. PEMCO For more information, please visit www.pemcoair.com or call +1-813-322-9600.

Media Contacts:
Patrick Harrison: 727-821-5155 x110

John Sawyer: +1 830 220 9057

Mr. Mike Andrews: +1 813-322-9600

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