Turboprop manufacturer ATR increased revenue 13% to $1.64 billion in 2013 and the Franco-Italian company anticipates reaching the $2 billion mark in two years, according to CEO Filippo Bagnato.

Russia’s Yamal Airlines has temporarily pulled its Boeing 737s fleet out of service.

Bombardier Aerospace will lay off 1,700 employees in a bid to contain costs after stretching out CSeries development by at least 12 months and seeing business and commercial aircraft orders decline in 2013.

Airbus is aiming to wrap up a new contract with its Chinese final assembly line (FAL) partners this year, potentially extending its remit to A320neos, and is progressing toward the operational opening of its new US facility in Mobile, Ala.

Exclusive AerData information on aircraft deliveries by type and engines complete with registration and MSN number, with lessor information.

Source: AerData. Visit aerdata.com

GE Capital Aviation Services (GECAS) announced Monday an order for 40 Boeing 737s made up of 20 MAX 8s and 20 737-800s. The order, which was accounted for in Boeing’s 2013 net orders and attributed to an unidentified customer, is valued at $3.9 billion at list prices.

Qatar Airways will take one of the two new licenses being granted by the Saudi Arabian civil aviation regulator, GACA, to create a regional carrier operating domestic services in the country.