Boeing Shanghai Aviation Services Co., Ltd., (Boeing Shanghai) has signed a Boeing 737-400 Freighter Conversion Agreement with Russia based Volga-Dnepr Group. The 737-400 arrived at Boeing Shanghai at the end of November for the passenger-to-freighter conversion; a "C-check" - an extensive check of the airplane's systems and components that can require several days to perform; and full painting. The modification is performed under a Supplemental Type Certificate (STC) held by Aeronautical Engineers, Inc. (AEI). The airplane is scheduled for redelivery to Volga-Dnepr Group in the first quarter of 2015. The agreement makes Volga-Dnepr Group the first Boeing Shanghai customer for this type of service from the Russia/Central Asia region. Boeing Shanghai has successfully completed five B737CL Freighter conversions for two other customers. "We are glad to start working with Boeing Shanghai and regard this as a start to our future mutual beneficial cooperation," said Denis Ilin, Executive President of AirBridgeCargo Airlines (ABC). “Volga-Dnepr Group is a valuable customer for Boeing Shanghai to expand B737 PTF conversion business in Russia market,” said Dermot Swan, CEO of Boeing Shanghai. “We are delighted to cooperate with AEI again for this modification. We look forward to long-term relationships with Volga- Dnepr Group and AEI.”