Lessor CIT Group has placed a firm order for 10 Airbus A330s, including an unspecified number of the longer range, high gross weight -300 variant.

Two airlines and two leasing companies on Wednesday announced orders for ATR aircraft at the Farnborough Airshow.

China’s Juneyao Airlines (HO) has selected CFM International’s CFM56-5B engine to power its five new Airbus A321 aircraft, in an order valued at more than $100 million based at list prices.

Hong Kong-based lessor China Aircraft Leasing Co. (CALC) has signed a memorandum of understanding for 36 A320 family aircraft in a deal valued at $3.1 billion at list prices.

ATR has confirmed that Irish regional carrier Aer Arann (RE) is planning to order eight ATR 72-600s, which will be delivered from 2013.

Dublin-based Avolon Leasing has made a commitment to purchase 10 Boeing 737 MAX-8, five 737 MAX -9s and 10 737-800 aircraft, it announced Wednesday.

Aviation Capital Group (ACG) has selected CFM International’s advanced LEAP-1A engine to power its 18 Airbus A320neos, part of a 30-aircraft deal announced at the Dubai Airshow in November 2011.

BAE Systems has unveiled research into a new positioning system that could potentially provide an alternative to satellite-based systems such as GPS.