Ethiopian Airlines is upgrading the infrastructure at its Addis Ababa Bole International Airport hub to create the largest air cargo terminal in Africa, which the airline will inaugurate June 29 while it hosts the second ICAO Global Air Cargo Development Forum.
Saudi Arabia’s national carrier Saudia preparing a 20% capacity increase to meet passenger demand for the summer air travel period between June 24-Sept.16.
Indonesian carrier Lion Air has signed a memorandum of understanding (MOU) to take 50 Boeing MAX 10 single-aisle aircraft, the US-based manufacturer said at the Paris Air Show June 19.
Russia’s United Engine Corp. (UEC) signed a “strategic partnership agreement” with China’s state-owned Harbin Turbine Co. (HTC) “on the development, manufacturing and delivery of small and medium-sized industrial gas turbine units.”
Pratt & Whitney Canada (P&WC) and Russia’s Ilyushin Joint Stock Co. have signed a memorandum of understanding (MOU) to explore the restart of the Ilyushin IL-114-100 regional turboprop aircraft program with PW127H engines.
Philippine Airlines (PAL) intends to use its latest order for Bombardier Q400s to help wrest market share back from local low-cost carriers (LCCs), PAL COO Jaime Bautista said at the Paris Air Show June 19.
Aircraft lessor GE Capital Aviation Services (GECAS) has placed a firm order for 100 more Airbus A320neo family aircraft, which will be delivered in 2020 to 2024.
Russia’s Rostec Corp. might attract companies from third countries to develop a Russian-Chinese widebody long-range aircraft, the state-owned company announced at the fourth Russia-China Expo in Harbin, China, on June 16.
UK leisure carrier Monarch Airlines has firmed options on a further 15 Boeing 737 MAX 8s, valued at $1.7 billion at current list prices, and signed a support joint venture with Boeing.
Indian low-cost carrier SpiceJet has signed a memorandum of understanding (MOU) covering 40 Boeing 737 MAX 10s, although 20 of these are conversions from an existing MAX 8 order.
China Eastern Airlines has become China’s first state-owned carrier to diversify ownership of a logistics subsidiary with the sale of a 55% stake to four investors and the subsidiary’s core employees.
Atlanta-headquartered freight giant UPS has signed an agreement with Boeing, covering passenger to freight conversions on three Boeing 767s it recently acquired.
CFM International had a banner start to the Paris Air Show, winning more than $8 billion worth of LEAP family engine orders while the LEAP-1B was announced as the exclusive engine for the Boeing 737 MAX 10.
Kuwait-based ALAFCO Aviation Lease and Finance Co. (ALAFCO) announced a commitment for 20 737 MAX 8s at the 2017 Paris Air Show, valued at $2.2 billion at current list prices.
CDB Aviation Lease Finance (CDB Aviation) has agreed to buy 42 Boeing 737 MAX 8s, 10 737 MAX 10s and eight 787-9 Dreamliners at the 2017 Paris Air Show.
Singapore-based leasing company BOC Aviation announced a memorandum of Understanding (MOU) with Boeing for 10 of the newly announced MAX 10 versions of the 737.