The global airline industry “is in better shape than it’s been in since the 1990s,” Boeing Commercial Airplanes president and CEO Ray Conner said Monday at the Farnborough Airshow, predicting “phenomenal growth” in commercial aircraft sales over the next two decades.

ATR has booked 144 firm orders and 112 options since January and is now aiming to beat its full-year record of 157 orders, which it set in 2011.

Eastern Air Lines Group, a Miami-based start-up trying to revive the iconic airline brand, has signed a memorandum of understanding with Mitsubishi Aircraft Corp. to order 20 firm MRJ90s plus hold purchase rights for 20 more of the Japanese regional jets.

Monarch Airlines and Boeing are finalizing terms and working toward a purchase agreement for 30 737 MAX 8s, marking the start of a fleet transition to Boeing single-aisle aircraft.

International Airlines Group (IAG), parent company of Iberia and British Airways, has converted 20 A320neo options into firm orders, it was announced at the Farnborough Airshow.

Dublin-based lessor Avolon has committed to six Boeing 787-9 Dreamliners and five additional 737 MAX 9 aircraft, valued at more than $2 billion at current list prices.

Okay Airways has ordered six Boeing 737 MAX 8s and four 737-800s, valued at $980 million at current list prices.

UK budget carrier easyJet has placed an order with CFM International for 270 engines, comprising 200 LEAP-1A engines to power its Airbus A320neo family aircraft and 70 CFM56-5B engines to power additional A320ceo aircraft.