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.
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.
Slow ATR 42/72 turboprop sales last year are the result of combining adverse market forces that put the airframer in a position its executives could have thought a thing of the past – competing against jets.
When the gates at Le Bourget open for next week's Paris Air Show, Rolls-Royce will be bolting together the fan casing and core of its Advance 3 demonstrator engine as it continues to move toward its next generation of engines.
French technology provider Thales Group, which has invested €1 billion ($1.2 billion) in key digital technologies over the past three years, has launched a high-tech Digital Factory as the company accelerates its digital transformation across all areas of advanced technology, enabling customers to make the right decisions in real time.
