29 September 2011

Lufthansa’s Supervisory Board has approved the purchase of additional Airbus aircraft. The aircraft comprise two A380s, four A320s and one A330-300. These additional orders reflect the strong demand across Lufthansa’s network for an efficient family of aircraft. Nico Buchholz, Executive Vice President Lufthansa Group Fleet Management said: “I am delighted that this additional order will

ICBC Financial Leasing Co., a subsidiary of Industrial and Commercial Bank of China (ICBC), signed a Memorandum of Understanding with CFM International to purchase CFM56-5B engines to power a new fleet of 22 firm Airbus A320 family aircraft.  The firm engine order, which includes three spare engines, is potentially valued at more than $450 million U.S. at

ATR has recorded 145 firm aircraft orders and an additional 72 options since the beginning of the year. The value of these orders is estimated at 3.2 billion dollars (4.8 billion including the options). These figures already represent a new annual record for the European manufacturer of regional turboprop aircraft (previous record; 2007: 113 firm

Air Lease Corporation (ALC) has ordered 2 new ATR 72-600 regional turboprop aircraft. ALC already booked an order in 2010 for 10 ATR 72-600s, plus options for 10 additional aircraft. This latest contract is the conversion of two of these ten options. The two aircraft are valued at a list price of $45 million. Deliveries of these

GE Aviation and Iberia Maintenance have signed an agreement that will provide Iberia with OEM technical support for its maintenance and repair services on CF34-8C/E engines. This agreement expands Iberia’s current overhaul capability of the CF34 engine family and licenses GE’s engine maintenance technology. Iberia is also working with GE to develop a high-pressure compressor