PEMCO and Mitsubishi Aircraft Sign MRO Licensing Agreement
Aviation maintenance and engineering company PEMCO World Air Services (PEMCO), a wholly owned subsidiary of Air Transport Services Group, Inc. (NASDAQ:ATSG), has finalized and signed an MRO licensing agreement with Mitsubishi Aircraft Corporation to be a preferred MRO service provider of the Mitsubishi Regional Jet (MRJ). The letter of intent was announced in July 2016 at the Farnborough International Airshow in Hampshire, England.
Together, PEMCO and Mitsubishi Aircraft will provide best-in-class services, improved efficiencies, and cost advantages to MRJ aircraft operators. The companies will offer airframe related MRO services to North American MRJ customers, such as applicable letter and heavy checks, structural repairs, modifications, and warranty work.
“We’re honored to sign the official licensing agreement with Mitsubishi Aircraft,” said Pastor Lopez, PEMCO general manager. “We look forward to serving MRJ operators in North America and building our partnership with Mitsubishi Aircraft.”
PEMCO was chosen following a rigorous selection process by Mitsubishi Aircraft that encompassed the review of the company’s operations and standards. PEMCO operates following a strict set of metrics, available to all employees, that is constantly measuring the company’s performance at the aircraft and transaction level. PEMCO is prepared to handle MRJ aircraft maintenance following entry into service, and will continue to provide quality service, customer support, and outstanding on-time rates to all its’ customers.
About PEMCO World Air Services
PEMCO World Air Services, an Airborne Maintenance and Engineering Services (AMES) company, serves customers from airlines to private operators. Having developed over 70 STCs and modified over 350 aircraft and with conversion partnerships in China, Costa Rica and Canada, PEMCO’s cargo conversion program is the global leader in narrow-body passenger-to-freighter aircraft conversions. PEMCO and AMES, wholly-owned subsidiaries of Air Transport Services Group (NASDAQ:ATSG), offer 320,000 sq. ft. of hangar space in Tampa, Fla. and 315,000 sq. ft. of hangar space in Wilmington, Ohio. Together, they provide a range of services to the aviation sector including heavy maintenance, line maintenance, cargo conversions, engineering services, material sales and manufacturing. Combining the maintenance experience as an Airborne Maintenance and Engineering Services company with industry-leading conversion capacity, PEMCO World Air Services is a leading provider of services for Boeing and Airbus fleets. For more information, please visit PEMCOAIR.com or AIRBORNEMX.com.
