Indonesia’s Lion Air Group has placed a firm order with Airbus for 234 A320 family aircraft, comprising 109 A320neos, 65 A321neos and 60 A320ceos.

Boeing has rolled out the first 737NG built at the new production rate of 38 aircraft per month.

Airbus parent EADS has inked a €300 million ($388.6 million) research and development loan with the European Investment Bank (EIB).

Turkish Airlines has signed a contract for up to 117 A320 family aircraft, including 25 A321ceos, four A320neo, 53 A321neos and options for 35 additional A321neos.

Boeing has selected GE Aviation as the engine partner for its 777X development program.

What started as one of Boeing’s most difficult weeks—beginning with a fire and ending with a full-scale safety review of the 787’s design and production—rapidly turned into a public relations nightmare the following week when two airlines grounded their 787 fleets and images of a Dreamliner with emergency chutes deployed streamed over television and computer screens worldwide.

It was the aviation news of 2012 that received far too little attention. Airbus’s top brass acknowledged publicly, to a room full of reporters at the Farnborough Airshow no less, that there will be no all-new narrowbody commercial aircraft entering the market for at least another 18 years.

Embraer has unveiled three new suppliers for its next-generation E-Jets, which are scheduled to enter service in 2018.