ATSG West Leasing Limited, an aircraft leasing company based in Ireland and a wholly owned ATSG subsidiary, has acquired and will lease two 737-400 to Okay Airways in late 2017 for terms of seven years. PEMCO World Air Services, another wholly owned ATSG subsidiary, will convert the 737-400s to freighters this summer at PEMCO’s facilities at the Tampa International Airport.
Update: The operating lease agreement with OkayAir was cancelled, the a/c were further acquired by Atlantic Airlines.
