Pemco Owes Creditors More Than $12 Million

Pemco World Air Services’ 30 largest unsecured creditors together are owed more than $12.2 million, according to documents included in the airframe maintenance, repair and overhaul provider’s Chapter 11 bankruptcy petition filed Monday in the U.S. Bankruptcy Court for the District of Delaware. Pemco, which also is a significant provider of passenger-to-freighter conversions, particularly in the ...