Precision Conversions, LLC (Precision) announced that the company received an award to provide seven, full 15-pallet position 757-200PCF conversions that will be leased by Varig Logistica S/A (VarigLog). The management and administration of the deal has been assigned to SkyWorks Capital based in Greenwich, Connecticut.
The first aircraft entered conversion on October 16th at the Flightstar facility in Jacksonville and will be redelivered to VarigLog in January, 2007.
Precision Conversions submitted its application to the Brazilian Aeronautical Products Certification Branch (CTA) on November 7th, 2005 and is working with the agency to provide all of the necessary information to finalize the Brazilian certification for the 757-200PCF.
Photo of the 1st 757 being converted to VLO (credits unkown)