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

PORTLAND, OR–(Marketwire – October 22, 2010) –  Precision Conversions, LLC is pleased to announce that it has successfully re-delivered a second High Payload variant full-15 pallet position 757-200PCF freighter to Aerolease Aviation, LLC (Aerolease). This 1998 model year, Pratt & Whitney powered, extended range aircraft represents the second of three 757-200PCFs to be accomplished for Aerolease under a multi-aircraft deal announced in April 2010. The High Payload 757-200PCF (MSN 29607) includes a weight upgrade option that can bring the total payload up to 80,000 pounds and will be operated by DHL Americas.

Brian McCarthy, Precision Conversions Vice President, Marketing and Sales, said, “We are extremely pleased with Flightstars’ remarkable performance in continuously delivering the conversions on time.” He went on to say, “It also demonstrates a proven and mature modification.”

The conversion was completed at Flightstar Aircraft Services in Jacksonville, Florida. Precision Conversions has re-delivered a total of 26, 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.