Precision Conversions Re-Delivers a High Payload Variant 757-200PCF Conversion to Aerolease Aviation, LLC

PORTLAND, OR–(Marketwire – August 10, 2010) –  Precision Conversions, LLC is pleased to announce that it has successfully re-delivered a High Payload variant full-15 pallet position 757-200PCF freighter to Aerolease Aviation, LLC (Aerolease). This aircraft represents the first of three 757-200PCFs to be accomplished for Aerolease under a multi-aircraft deal announced in April 2010. The High Payload 757-200PCF (MSN 29611) includes a weight upgrade option that brings the total payload to 80,000 pounds and will be operated by DHL Americas.

Brian McCarthy, Precision Conversions Vice President Marketing and Sales, said, “Aerolease clearly has a long history of freighter aircraft development and leasing and currently owns three other 757-200PCFs.” He went on to say, “Aerolease’s commitment to additional freighters is proving that the Precision Conversions high payload variant is valuable to Aerolease and to end operators such as DHL.”

The conversion was performed flawlessly at Flightstar Aircraft Services in Jacksonville, Florida. Precision Conversions has re-delivered a total of 24, full fifteen pallet position 757-200PCF conversions to operators in Europe, North and South America, Africa, China, and India.

About Precision Conversions, LLC

Precision Conversions, LLC (www.precisionconversions.com) maximizes the utility, service life, revenue potential and residual value of the B757-200 as a freighter for its aircraft Owners and Operators. The company maintains its executive offices and operations in Portland, Oregon with an additional sales office in North Carolina.