International Aero Engines manages the development, production and aftermarket services of the V2500 engine family providing 22,000 and 33,000 lbs of thrust required by 150 seat-passenger aircraft -- the fastest growing market sector in the commercial aviation industry, as well as the new military KC-390 aircraft.

AirBridgeCargo Airlines (ABC) has taken delivery of the first of five Boeing 747-8 freighters, making the carrier the first customer of the type in Russia.

Etihad Airways (EY) signed a firm order for an additional two Airbus A330-200 freighters in a deal worth $423 million at list prices.

The good news continued Thursday for the US airline industry as United Continental Holdings (UCH), parent of merger partners United Airlines (UA) and Continental Airlines (CO), reported 2011 net income of $840 million.

AviancaTaca (AV) has firmed up an order for 33 Airbus A320neo and 18 A320 family aircraft.

Norwegian Air Shuttle (DY) has signed agreements with Airbus and Boeing for a total of 222 new aircraft.

Bombardier delivered 245 aircraft in FY 2011, down 11 aircraft compared to FY 2010 (Feb. 1, 2010 to Jan. 31, 2011). According to the manufacturer, this delivery total is “essentially in line with the 240 aircraft delivery guidance that was provided in February 2011 although with a different mix of aircraft.”

With an eye toward the Asia/Pacific region's growing importance for the commercial aircraft leasing business, International Lease Finance Corp. (ILFC) said it will establish offices in Beijing and Singapore this year. It also named head of transactions David Nixon to the newly created post of senior VP and head of Asia/Pacific.