PORTLAND, OR, — February 12th 2013 — Precision Conversions, LLC (Precision) is pleased to announce that it has reached an agreement with Goodyear, Arizona based AeroTurbine Inc, MRO Facility, to provide 757-200PCF Freighter and 757-200PCC Combi modifications for the company. Additional services provided by AeroTurbine Inc. will include regular maintenance checks, aircraft painting and avionics modifications. AeroTurbine Inc. is a wholly owned subsidiary of International Lease Finance Corporation (ILFC).

Gary Warner, Precision Conversions’ President, said, “The addition of AeroTurbine as a modification and installation provider for Precision, gives our company newly added capacity and flexibility.” He added, “AeroTurbine has an excellent reputation within the industry, cargo conversion experience and is centrally located so we are pleased to offer this option to our customers.”

“We are extremely pleased with our agreement with Precision, as we believe that our MRO operations in Goodyear, Arizona are ideally suited for the 757 aircraft Freighter and Cargo modifications,” said Michael King, President and CEO of AeroTurbine Inc. “Precision is a very professional and well-respected company, and we look forward to a long and mutually beneficial relationship with them.”

Precision Conversions currently has two other approved modification and installation facilities – Flightstar Aircraft Services, located in Jacksonville, Florida and TAECO, located in Xiamen, China.

About AeroTurbine Inc.
AeroTurbine Inc. offers the aviation industry access to one of the world’s largest pools of certified aircraft engines, parts, and supply chain solutions. By leveraging our expertise and financial strength, our customers can choose solutions tailored to their operational and financial goals. www.aeroturbine.com

About ILFC
International Lease Finance Corporation (ILFC) is a global market leader in the leasing and remarketing of commercial jet aircraft. With more than 1,000 owned and managed aircraft and commitments to purchase 229 new high-demand, fuel-efficient aircraft and rights to purchase an additional 50 A320neo family aircraft, ILFC is the world’s largest independent aircraft lessor. ILFC leases aircraft to approximately 200 airlines in more than 80 countries and provides part-out, engine leasing and engine exchange services through its subsidiary, AeroTurbine. ILFC operates from offices in Los Angeles, Amsterdam, Beijing, Dublin, Miami, Seattle, and Singapore. ILFC is a wholly owned subsidiary of American International Group, Inc. (AIG). www.ilfc.com | Twitter: @ILFCGlobal

About Precision Conversions, LLC
Precision Conversions, LLC (www.precisionaircraft.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 marketing and sales office in North Carolina.