On July 14, the A330neo was formally launched at the Farnborough Airshow. The twinjet will be powered by the Trent 7000 as the sole powerplant. ATW caught up with Rolls-Royce VP customer marketing, civil large engines, Richard Goodhead to learn more about the engine program.

Seattle-based Horizon Air has purchased one Bombardier Q400 NextGen turboprop aircraft, with seven options, in an agreement valued at $36.6 million at current list prices.

After much deliberation and market analysis, Airbus has forged ahead with a full launch of the A330neo, extending the re-engined concept to its widebody offering and saying it sees a market for 1,100 aircraft.

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.