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Luxembourg, 12th June, 2018: Vallair, the aircraft trading, leasing and specialist MRO organisation has completed lease transactions for three Airbus A321 aircraft with Onur Air in Turkey.

The first of these three aircraft (MSN 974), purchased from AerCap together with its engines, was delivered to Onur Air in May with a lease term of 18 months. The second aircraft (MSN 968), also purchased from AerCap, is being leased as an airframe only and was delivered to Turkey at the start of June. The final aircraft (MSN 835), purchased from Aviation Capital Group (ACG), was also leased to Onur Air as an airframe only and is part of an acquisition release novation contract completed in April with a short-term lease of 6 months. In addition to these three aircraft, Onur Air are also in possession of a V2500-A5 engine under lease with Vallair.
Onur Air operates a combination of commercial and charter flights to a range of domestic and international destinations, scheduled and non-scheduled, out of its main hubs Atatürk Airport in Istanbul and Antalya Airport in Antalya, Turkey. The airline operates a fleet solely consisting of Airbus family aircraft, including A320s, A321s and A330s. Onur Air also provides wet-lease service to Saudi Arabian Airways for Hajj and Umrah operations with its A330s.
A consistent expansion programme and continuous fleet renewal are crucial for the airline’s development strategy in line with the gradual recovery of Turkey’s tourism industry. These transactions will support Onur Air’s development by allowing them to optimise operations while limiting their overall cost base. 
 
“We are pleased to have these three Airbus A321 aircraft delivered to Onur Air, with whom we have a long-standing and strong relationship”, comments Anca Mihalache, Head of Vallair’s Trading & Leasing Business Unit. “MSN 974 will serve as part of our feedstock for the Company’s developing Airbus A321-200 P2F cargo conversion programme. Vallair is committed to maximising the life and value of assets by providing cost-effective and flexible leasing solutions to operators seeking to strengthen and sustain their business. As demand for aircraft leasing continues to grow, Vallair is heavily focused on the development of its portfolio of leased assets as part of the Company’s wider growth strategy. This fleet expansion programme, coupled with Vallair’s involvement in the P2F cargo conversion programme, demonstrates the Company’s foresight and capacity to forge innovative leasing solutions and deliver assets that meet the current and future needs of operators around the world.”
 
Vallair is an aviation company headquartered in Luxembourg with facilities in Chateauroux and Montpellier in France. It provides integrated support for mature aircraft, engines and major components. Six complementary business units are founded upon engineering excellence: trading & leasing, cargo conversions, aircraft MRO, engines, aero-structures & painting, and aircraft disassembly. These offer aircraft operators and owners worldwide cost-effective solutions to extend the life of their assets, or dispose of them in an economically beneficial and environmentally acceptable way. Vallair is a leading player in the trading and leasing of A320 family, ATR and B737 aircraft. To learn more www.vallair.aero

Onur Air, established in 1992, is one of the oldest private airlines in Turkey and currently operates with 16 A320/A321s and 11 A330s in its bases Istanbul, Antalya and Jeddah. Onur Air performs a combination of wet-lease, charter and scheduled operations. The airline also possess its own EASA-145 approved maintenance hangar in Istanbul Ataturk Airport for its own maintenance requirements as well as third party services. To learn more www.onurair.com and www.onurairtechnics.com.

Company Contact:
communication@vallair.aero
Vallair, EBBC Bloc B, 6 rue de Treves; L-2633 Senningerberg G/D of Luxembourg (352) 2610 3967

Media Contact:
Jane Goring - Inter Relations & Company
jane@inter-relations.co.uk
+44 (0)1403 218588 or +44 (0)7785 306445
 
Luxembourg, 4th June, 2018: Vallair, the aircraft trading, leasing and specialist MRO organisation has signed a long-term Financial Lease with Indonesian Cargo Airline, Cardig Air, for a Boeing 737-400F.  After conversion in the USA, the final compliance checks for Indonesian aviation were undertaken at Vallair’s MRO facility in Montpellier, France and the aircraft then landed in Jakarta mid-May.

“The aircraft will be scheduled to connect Jakarta with flights to Saigon and Southern China (Shenzhen)” says Peter Koster, Head of Cargo Conversions Business Unit for Vallair. “There is strong potential in the South East Asian airfreight market with rapidly increasing connections to the Chinese mainland. We have supported Cardig Air in their move from operating a B737-300F to the B737-400F model with increased cargo capacity. We are confident that our on-going assistance will help to underpin their development and build a long term business partnership.”

Cardig Air is one of the leading cargo airlines in Indonesia and is based in Jakarta. It has two operating centres in West and East Indonesia which support domestic, regional and international cargo requirements. Cardig Air operates B737-300 and 400 freighter aircraft and specialises in time specific airport-to-airport freight services on both a scheduled and chartered basis.

This Boeing freighter forms part of Vallair’s expanding cargo fleet which includes several Airbus and Boeing aircraft that have been recently been purchased and are currently on lease for passenger operations. These form part of the organisation’s feeder stock for their developing P2F cargo conversion programme.
 
Vallair is an aviation company headquartered in Luxembourg with facilities in Chateauroux and Montpellier in France. It provides integrated support for mature aircraft, engines and major components. Six complementary business units are founded upon engineering excellence: trading & leasing, cargo conversions, aircraft MRO, engines, aero-structures & painting, and aircraft disassembly. These offer aircraft operators and owners worldwide cost-effective solutions to extend the life of their assets, or dispose of them in an economically beneficial and environmentally acceptable way. Vallair is a leading player in the trading and leasing of A320 family, ATR and B737 aircraft. To learn more www.vallair.aero

Company Contact:
communication@vallair.aero
Vallair, EBBC Bloc B, 6 rue de Treves; L-2633 Senningerberg G/D of Luxembourg  (352) 2610 3967

Media Contact:
Jane Goring - Inter Relations & Company
jane@inter-relations.co.uk
+44 (0)1403 218588 or +44 (0)7785 306445

 
Luxembourg, May 24th, 2018: Vallair, the aircraft trading, leasing and specialist MRO organisation, has completed a short-term eighteen month lease transaction with Ukrainian charter airline, Windrose Aviation Company for an Airbus A321. A full maintenance ‘C’ check was carried out on the aircraft prior to delivery at Vallair’s MRO facility in Montpellier, France.
 
Windrose operates charter, corporate, tourist and VIP flights using its own aircraft fleet consisting of A320 family aircraft, regional jets E145s, and business jets. A continuous fleet renewal and expansion programme is an important part of the airline’s development strategy as the Ukrainian economy grows.  This transition delivers operational, financial and competitive advantages via a higher quality, more consistent product, and enables Windrose to optimise its operations around a common platform reducing costs and streamlining maintenance. 
 
The aircraft is one of a batch of six A320 family aircraft that Vallair has recently purchased, all of which will be attributed to short term lease programmes within Vallair’s current portfolio. All aircraft will ultimately serve as initial feedstock for the Company’s launch of the Airbus A321-200 P2F cargo conversion programme.  
 
Anca Mihalache, Head of Trading & Leasing Business Unit at Vallair, is keen to emphasise the Company’s focus on leasing as it follows its growth strategy.  “Vallair is intensifying the build-up of our portfolio of leased assets, with a bias to more mature aircraft.  Last year we had one aircraft under lease. Already in 2018 we have extended this to five, and by mid-Summer we anticipate growing by at least four more. Demand is increasing worldwide and it is Vallair’s policy to extend the life of these assets in the most economically beneficial way through the creation of cost-effective and flexible lease options that meet operators’ diverse needs.”
 
Vallair is a fast-growing aviation company headquartered in Luxembourg with facilities in Chateauroux and Montpellier in France. It provides integrated support for mature aircraft, engines and major components. Six complementary business units are founded upon engineering excellence: trading & leasing, aircraft teardown, aircraft MRO, engines, aero-structures & painting, and cargo conversions. These offer aircraft operators and owners worldwide cost-effective solutions to extend the life of their assets, or dispose of them in an economically beneficial and environmentally acceptable way. Vallair is a leading player in the trading and leasing of A320 family, ATR and B737 aircraft. To learn more www.vallair.aero

Company Contact:
communication@vallair.aero
Vallair                                                                                         
EBBC Bloc B, 6 rue de Treves; L-2633 Senningerberg G/D of Luxembourg
(352) 26103967

Media Contact:
Jane Goring - Inter Relations & Company
jane@inter-relations.co.uk
+44 (0)1403 218588 or +44 (0)7785 306445
 
Luxembourg, April 24th, 2018: Vallair, the aircraft trading, leasing and specialist MRO organisation, has completed the acquisition of six A321-200 aircraft (MSN891, MSN677, MSN827, MSN835, MSN968 and MSN974). These aircraft will be attributed to short term lease programs within Vallair’s current portfolio and will serve as initial feedstock for the Company’s launch of the Airbus A321-200 P2F program.  
Vallair was recently announced as the launch customer of the A321-200 P2F with EFW/STA cargo program in addition to an earlier launch announcement with A321 Precision in October 2017.

The A321 & A320 P2F conversion programs, launched in 2015, are a collaboration between ST Aerospace, Airbus and EFW. ST Aerospace is responsible for the engineering development phase, up to the Supplemental Type Certificate (STC) approval by the European Aviation Safety Agency (EASA) and US Federal Aviation Administration (FAA). Airbus contributes to the program with Original Equipment Manufacturer (OEM) data and certification support, while EFW leads the overall program and marketing & sales.

Peter Koster, Head of Vallair’s Cargo Conversions Business Unit, comments: “The A321 P2F conversion program is the first in its size category to offer containerized loading in both the main deck (up to 14 container positions) and lower deck (up to 10 container positions). With a generous payload-range capability that can carry up to 27.9 metric tons over 2,300 nautical miles, the A321 P2F is the ideal narrow-body freighter aircraft for express domestic and regional operations.

“This recent transaction secures sufficient feedstock for the initial conversion program, and enhances our developing portfolio of assets available on lease. Vallair expects the prototypes of both programs to obtain their initial STC approval by end 2019 ready to enter operation early 2020.”

Company Contact:
communication@vallair.aero
Vallair                                                                                         
EBBC Bloc B, 6 rue de Treves; L-2633 Senningerberg G/D of Luxembourg
+(352) 2610 3967

Media Contact:
Jane Goring - Inter Relations & Company
jane@inter-relations.co.uk
+44 (0)1403 218588 or +44 (0)7785 306445
 
Luxembourg, February 28th, 2018: Vallair, the aircraft trading, leasing and specialist MRO organisation, has completed the delivery of a Boeing 737-400F (MSN 26299) to ASL Aviation Holdings (Ireland). The aircraft recently went through a freighter conversion followed by a “C” Check with Integration Maintenance performed in the USA. The lease term is for 48 months with a 24-month extension option. 

Gregoire Lebigot, President & CEO - Vallair, stated “This is the first aircraft Vallair is leasing to ASL. We are pleased to have delivered this freshly converted Boeing B737-400 aircraft to ASL, with whom we have a historical relationship on the MRO side.
We recently announced that we are the launch customer of the Airbus 321-200 P2F cargo program and this new transaction is clearly indicative of the potential we see in the P2F conversions market in which we are committed to becoming a global leader.”

ASL’s CEO Leasing, David Andrew, said “ASL is now the largest operator of B737-400 freighters in Europe and we are continuing to add to our fleet to best-serve our customers. The Vallair B737-400F is a welcome addition to ASL’s fleet and we look forward to a close and mutually beneficial relationship in the years ahead.”
 
Vallair is a fast-growing aviation company headquartered in Luxembourg with facilities in Chateauroux and Montpellier in France. It provides integrated support for mature aircraft, engines and major components. Six complementary business units are founded upon engineering excellence: trading & leasing, aircraft teardown, aircraft MRO, engines, aero-structures & painting, and cargo conversions. These offer aircraft operators and owners worldwide cost-effective solutions to extend the life of their assets, or dispose of them in an economically beneficial and environmentally acceptable way. Vallair is a leading player in the trading and leasing of A320 family, ATR and B737 aircraft. To learn more www.vallair.aero
ASL Aviation Holdings is a global industry leader in aviation services provision. ASL Group companies provide cargo and passenger airline operations serving 6 continents as well as aircraft leasing and maintenance services.  ASL has 7 Air Operator Certificates and operates under its own brands and for major airline clients in Europe, Africa and Asia. The ASL fleet ranges from the ATR turbo prop to the Boeing 747ERF, with payloads from 4 to 117 tonnes and passenger capacity from 48 to 189 seats. ASL has a fleet of more than 140 aircraft and has a staff more than 2,700 staff of 51 nationalities.

Company Contact:
communication@vallair.aero
Vallair                                                                                         
EBBC Bloc B, 6 rue de Treves; L-2633 Senningerberg G/D of Luxembourg
(352) 2610 3967
 
Singapore, 7 February 2018 – Elbe Flugzeugwerke (EFW), the joint venture between ST Aerospace and Airbus, announced today that it has secured a launch contract from Vallair Solutions Sàrl (Vallair) for its A321 passenger-to-freighter (P2F) conversion solution. The Germany-based aerospace company will convert 10 A321-200 passenger aircraft to a 14-pallet cargo configuration for Vallair. The first aircraft will be inducted in the last quarter of 2018, scheduled for redelivery by end of 2019.

Gregoire Lebigot, President and CEO of Vallair, commented, “My personal history with the A321 goes way back to the start of my career with Air France when it first introduced this aircraft in its fleet. At Vallair, through years of trading and supporting the A320 family, we have built a solid technical competence on this aircraft type. Today, we see a huge potential in the A321 P2F, not only as a replacement of the B757F, but as a key tool for the cargo industry to achieve the projected growth rate of the air freight market in general – in particular driven by express services and e-commerce. The A321 P2F will be the first aircraft to introduce a containerized lower deck to the market segment of narrow body freighters: a significant game changer for any hub and spoke operation. "

Christopher Buckley, Airbus Executive Vice President, Europe, Africa and Pacific said: “We are delighted to see the A320/A321 P2F project – the only A320 Family freighter conversion programme co-developed with Airbus – move up a gear with this important order from Vallair. This milestone affirms our view, coupled with the positive feedback from the market, that the A321P2F is the only viable successor to the 757 freighter over the coming years.”

Dr Andreas Sperl, CEO of EFW said, “We are pleased to have Vallair as our launch customer for our A321P2F solution, which we believe will play a lead role in the narrow body freighter segment. Together with our parent company, ST Aerospace and its global network of maintenance facilities, we are confident we will achieve the high standards of service we have demonstrated over the years on all of our other conversion programs, and deliver to Vallair its A321P2F aircraft, on time and budget, to their full satisfaction.”

Mr Lim Serh Ghee, President of ST Aerospace said, “As the e-commerce and express market continue to grow, our investments in new freighter conversion programs will allow us to seize the opportunities created by the uptick in freighter demand.  While offering a strong proposition with its unique container position in the lower deck, the A321P2F will also complement our other freighter solutions such as the mid-sized A330P2F program, to provide customers with a range of options to select from in support of their diverse operational needs.”
The A321 & A320 P2F conversion programs, launched in 2015, are the result of a collaboration between ST Aerospace, Airbus and EFW. ST Aerospace is responsible for the engineering development phase, up to the Supplemental Type Certificate (STC) approval by the European Aviation Safety Agency (EASA) and US Federal Aviation Administration (FAA). Airbus contributes to the program with Original Equipment Manufacturer (OEM) data and certification support, while EFW leads the overall program and marketing & sales.

The A321P2F conversion program is the first in its size category to offer containerized loading in both the main deck (up to 14 container positions) and lower deck (up to 10 container positions). With a generous payload-range capability that can carry up to 27.9 metric tons over 2,300 nautical miles, the A321P2F is the ideal narrow-body freighter aircraft for express domestic and regional operations.
Other P2F solutions that ST Aerospace and EFW have in their family of Airbus freighters include the A330 which has two variants – the A330-200P2F and the larger A330-300P2F. EFW redelivered the first A330-300 freighter in December 2017 following the successful completion of test flights in October and awarding of the Supplemental Type Certificate by the European Aviation Safety Agency in November.
 
*****
 
EFW (Elbe Flugzeugwerke GmbH) is a 55:45 joint venture of ST Aerospace and Airbus, based in Dresden, Germany.  EFW combines various aviation and technology activities under one roof, including passenger-to-freighter aircraft conversions, maintenance and repair of Airbus aircraft, and the development and manufacturing of flat fibre-reinforced composite components for structures and interiors of the entire Airbus family of aircraft. Apart from being the exclusive supplier for composite flat panels to Airbus for all Airbus aircraft, EFW serves as ST Aerospace’s centre for passenger-to-freighter conversions, aircraft maintenance, repair and overhaul (MRO), as well as engineering services in Europe, leveraging ST Aerospace’s global network, track record and expertise in aircraft MRO and engineering. Visit us at www.efw.aero.
 
ST Aerospace (Singapore Technologies Aerospace Ltd) is the aerospace arm of ST Engineering with revenue of S$2.49b in FY2016. Operating a global MRO network with facilities and affiliates in the Americas, Asia Pacific and Europe, it is the world’s largest commercial airframe MRO provider with a global customer base that includes leading airlines, airfreight and military operators. ST Aerospace is an integrated service provider that offers a spectrum of maintenance and engineering services that include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and asset management services, including Total Aviation Support. ST Aerospace has global staff strength of around 8,000 employees worldwide. Please visit www.stengg.com/en/aerospace for more information.
 
Vallair is a strong aviation company with uniquely integrated capabilities in support of mature aircraft, engines and major components. With six complementary business units (trading & leasing, aircraft teardown, aircraft MRO and paint, engines, aerostructures, and cargo conversions), Vallair offers aircraft operators and owners around the world cost effective solutions to extend the life of their assets. Since established in 2003 the company has experienced an accelerated growth, employing over 150 staff across its three office locations. Its innovative approach to aviation services transformed Vallair’s business model into a unique and robust platform in the aviation industry with the vision to continue its ambitions even further.
Vallair’s Cargo Conversion Business Unit focuses on providing ‘Turn Key Solutions’ for the conversion of passenger aircraft into cargo.
Whilst screening the market for potential conversion candidates, Vallair performs thorough technical assessment of each potential candidate, purchases and finances the conversion projects, manages and oversees the conversion process whilst being performed by one of our global conversion design partners.
More information can be found on the company’s website at www.vallair.aero
 
AIRBUS is a global leader in aeronautics, space and related services. In 2016 it generated revenues of €67 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats and business aviation products. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world’s leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.
 
Luxembourg, November 17, 2017 – Vallair announces the purchase of one Airbus A319, MSN639, from Aigle Azur (FR).

The aircraft was delivered by Aigle Azur crews and its CEO in person to Vallair’s logistics, R&O and teardown facility in Chateauroux, France. Both Vallair and Aigle Azur’s CEOs were on-board of the short flight that was operated from Orly, France.
Gregoire Lebigot, President and CEO, said: “We are very pleased to have closed this deal with Aigle Azur. It reaffirms our confidence in the A319 aircraft, and will help to support our internal requirements and projected growth.”
Frantz Yvelin, President & CEO of Aigle Azur, says: “This particular airplane was Aigle Azur’s oldest bird and it was important for us to ensure a proper and efficient phase out. We know and enjoy working with our colleagues and friends at Vallair since years and are consequently very happy to have closed this deal with Vallair, here in Europe, as their reactivity, their knowledge and experience related to end of service aircraft is unmatched”. 
This latest transaction further solidifies Vallair’s strong position in the aviation asset management business, and comes on top of over 50 narrow-body aircraft purchases in recent years.

Media Contact:
communication@vallair.aero
Vallair
EBBC Bloc B, 6 rue de Treves; L-2633 Senningerberg G/D of Luxembourg
(352) 26103967
 
Note to Editors:

About Vallair:
Vallair is a fast-growing aviation company with uniquely integrated capabilities in support of end of service aircraft, engines and major components. With six complementary business units (trading & leasing, aircraft teardown, aircraft MRO, engines, aero-structures, and cargo conversions), Vallair offers aircraft operators and owners around the world cost effective solutions to extend the life of their assets. Built on engineering excellence, best in class customer support, and a passion for aviation, Vallair is committed to making sure “end of service does not mean end of life”.
Vallair’s Aircraft Trading & Leasing Business Unit: A leading player in the trading and leasing of A320 family, ATR and B737 aircraft, Vallair actively pursues transactions that enable operators around world to meet their demand safely and cost-effectively.
More information can be found on the company’s website at www.vallair.aero
 
 
About Aigle Azur:
Founded in 1946 Aigle Azur is the second largest French airline based in Paris Orly. With 70 years of history the airline is focused on the Mediterranean, European, and African routes. With more than 300 scheduled flights per week to 25 destinations, Aigle Azur transports nearly 2 million passengers per year.
Over the years Aigle Azur has succeed to remain faithful to its value of hospitality and friendliness by connecting people, continents and cultures.
Today, Aigle Azur flies to Algeria, Germany, Lebanon, Mali, Portugal, Russia and Senegal over 6 French cities. These destinations are operated with Airbus A319 and A320 aircrafts.
More information on www.aigleazur.com
 
Luxembourg, November 3, 2017 - Vallair is pleased to announce the purchase of one Airbus A320-212, MSN645, from AerCap.
The aircraft was delivered in Ukraine where it will remain under lease with Windrose Airlines, a Ukrainian charter airline based at Boryspil International Airport.
This latest transaction further affirms Vallair’s strong position in the aviation asset management business, and comes on top of over 50 narrow-body aircraft purchases in recent years.
Gregoire Lebigot, CEO of Vallair said: “We are thrilled to continue building our long-standing relationship with both AerCap and Windrose with yet another example of the value Vallair brings to the market”.
Volodymyr Kamenchuk, General Director of WindRose Airlines, also commented: “ We are happy to have Vallair not only as our long-term partner in aircraft maintenance and components services but now as our aircraft lessor. We hope to grow our cooperation even further “.
Ends.
 
Media Contact:
communication@vallair.aero
Vallair
EBBC Bloc B, 6 rue de Treves ; L-2633 Senningerberg G/D of Luxembourg
(352) 26103967
 
Note to Editors:

About Vallair:
Vallair is a fast-growing aviation company with uniquely integrated capabilities in support of end of service aircraft, engines and major components. With six complementary business units (trading & leasing, aircraft teardown, aircraft MRO, engines, aero-structures, and cargo conversions), Vallair offers aircraft operators and owners around the world cost effective solutions to extend the life of their assets. Built on engineering excellence, best in class customer support, and a passion for aviation, Vallair is committed to making sure “end of service does not mean end of life”.
Vallair’s Aircraft Trading & Leasing Business Unit: A leading player in the trading and leasing of A320 family, ATR and B737 aircraft, Vallair actively pursues transactions that enable operators around world to meet their demand safely and cost-effectively.
More information can be found on the company’s website at www.vallair.aero

About WindRose:
WindRose was established in 2003 as a charter broker company and received its AOC in 2007. Since then WindRose is a leading charter airline in Ukraine operating scheduled, charter, corporate, tourist and VIP flights. At the moment airline’s fleet consist of 4 A320 family aircraft, 1 A330-220 and 5 Embraer ERJ-145 EU/EP/LR.
 
M E D I A   R E L E A S E
 
321 Precision Conversions Announce Vallair as Launch Customer for Passenger-to-Freighter Conversion of Airbus A321-200 Aircraft
 
BEAVERTON, Oregon and LUXEMBOURG, — October 3rd, 2017 — 321 Precision Conversions, LLC (321PC), today announced Vallair Solutions sàrl; a wholly owned company of Vallair Capital S.A. (Vallair), as the launch customer for the passenger-to-freighter conversion of Airbus A321-200 aircraft including the prototype aircraft and follow-on option aircraft.
 
The prototype Aircraft (MSN891) was delivered by Vallair to 321PC in July. The company anticipates approval of a FAA Supplemental Type Certificate (STC) for A321-200 conversions in 2019, with EASA and CAAC validations thereafter. The Airbus A321 family includes over 1,400 aircraft already built and the A321NEO is now in production. This will generate an almost unprecedented feedstock for future conversion candidates.
 
Vallair, already engaged in the converted cargo aircraft market, is an ideal launch customer for 321PC.  They are developing a comprehensive support network for both engines and airframe components as well as MRO services to better serve the new operators of the A321-200PCF.   
 
321PC President Gary Warner said, “The next generation of the Precision Converted Freighter partnered with the operational experience of ATSG will provide a best-in-class freighter that will meet the needs of our customers. We are thrilled to have Vallair front and center as an integral part of this exciting new program. We look forward to the market enjoying the capability, flexibility, and efficiency of the A321-200PCF for many years to come.”
 
“The A321PCF program is an exciting project and we are delighted to be the launch customer for this new freighter. The engineering and operational experience acquired as a result of our existing activities in freighter conversions, both in Luxembourg and France, offers the right environment and capabilities for Vallair to become a centre of excellence for the A321 freighter” said Vallair CEO Grégoire Lebigot. “We believe the A321 provides significant competitive advantage over the established market competition due to its lower fuel consumption and better noise abatement levels.  We are looking forward to building upon the success of this advanced aircraft”.
 
 
About Vallair
Vallair is a fast-growing aviation company with uniquely integrated capabilities in support of end of service aircraft, engines and major components. With six complementary business units (trading & leasing, aircraft teardown, aircraft MRO, engines, aero-structures, and cargo converstions), Vallair offers aircraft operators and owners around the world cost effective solutions to extend the life of their assets. Built on engineering excellence, best in class customer support, and a passion for aviation, Vallair is committed to making sure “end of service does not mean end of life”.
 
Vallair’s Cargo Conversion Business Unit: A leading player in the passenger to freighter market, with existing solutions on the Boeing 737-400 and ATR72, Vallair continues to invest and innovate in the cargo segment, aiming to provide the market with value added and cost-effective solutions. For more information, please see www.vallair.aero  
 
About 321 Precision Conversions
A joint venture between Precision Aircraft Solutions and Air Transport Services Group (ATSG) for the development and certification of the A321-200 passenger-to-freighter aircraft. Precision Aircraft Solutions is an aerospace major modification, products, and services company that has earned its stripes converting the 757 for industry-leading companies around the world. ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. For more information, please see www.precisionaircraft.com and www.atsginc.com


# # #
 
Media Contacts:
 
Gary Warner, President
321 Precision Conversions and Precision Aircraft Solutions
503-601-3001
 
Gregoire Lebigot, CEO
Vallair Solutions sàrl
EBBC Bloc B, 6 rue de Treves ; L-2633 Senningerberg G/D of Luxembourg
(352) 26103962
Within a very short time, our Aerostructure Team has managed the complete repair of an V2500 Thrust reverser set.  A very successful project. Impressed by this achievement, our customer Windrose has been reconfirmed their confidence in our abilities by assigning a second set for repair at the end of May. Job well done!