Airbus, the Tianjin Free Trade Zone and China Aviation Industry Corp. (AVIC) have signed a framework agreement to extend the joint venture Airbus A320 Final Assembly Line in Tianjin beyond the 2016 expiration of the original accord inked in 2007.

Industrial and Commercial Bank of China (ICBC) Financial Leasing has placed an order for 30 Airbus A320ceo and 20 A320neo aircraft.

Turboprop manufacturer ATR is working on a series of upgrades for its newest ATR 42- and 72-600 family, enabling them to operate to airports with limited ground installations, extreme cold weather and steep approaches.

Forensics, data and collaboration are the key tools to transforming accident investigations from reactive to predictive processes, the US National Transportation Safety Board’s (NTSB) chief said Tuesday.

Ireland has become one of the first European countries to implement the Centralized Code Assignment and Management System (CCAMS), a cooperative European initiative aimed at streamlining the way Secondary Surveillance Radar (SSR) codes are distributed and assigned.

FLY Leasing has acquired two Boeing 737-800 aircraft manufactured in 1998. The aircraft are on lease to Russia’s Transaero Airlines. The new acquisitions were financed with secured bank debt and FLY’s free cash. CIT Aerospace will lease two new GEnx-1B70-powered Boeing 787-8s to Aeromexico, with deliveries scheduled in 2015 and 2016. GE Capital Aviation delivered two new Boeing 737-800s to Lion Air under a purchase and leaseback transaction.

Philippine Airlines (PAL) has placed a firm order with Airbus for 34 A321s, 10 A321neos and 10 A330-300s.

The Lufthansa Group on Monday phased out the last of its Avro RJ85 at its CityLine subsidiary, after it completed flight LH1985 from Cologne to Munich.