Korean Air has agreed to purchase five 747-8 Intercontinental aircraft and six 777-300ERs, in an order valued at approximately $3.6 billion at current list prices.

Three major airlines and two leasing companies have made firm commitments for a total of 102 Boeing 787-10s, launching the third and largest member of the Dreamliner family.

EasyJet has decided to stick with Airbus for its long-awaited fleet renewal, detailing plans to take 35 Airbus A320s and 100 A320neos plus rights on a further 100 A320neos.

Danish leasing company Nordic Aviation Capital announced today at the Paris Air Show a firm order for 30 ATR 72-600s and five ATR 42-500s, plus options for an additional 55 ATR -600 Series turboprops.

Venezuela’s Conviasa has ordered seven Embraer E-190s, exercising options from a previously announced order in July 2012 for six firm orders and 14 options.

GE Aviation plans to spend more than $1 billion annually on commercial aircraft engine research and development through at least 2018.

Horizon Air, subsidiary of Alaska Air Group, has signed a firm contract to acquire three 76-seat Bombardier Q400 NextGen turboprop airliners.

LATAM Airlines has selected Pratt & Whitney PurePower PW1100G-JM engines to power its order of 42 firm A320neo family aircraft.