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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

European turboprop manufacturer ATR and Danish regional aircraft leasing company Nordic Aviation Capital (NAC) signed a contract for the purchase of 10 ATR 72-600s and 2 ATR 72-500s, plus options for 10 additional ATR 72-600s. The total amount of the deal, including options, is valued at $500 million. The 10 firm ATR 72-600s and the

Avianca, part of the airline group AviancaTaca Holdings, has signed a firm order for four Airbus A330-200 Freighter aircraft. The new aircraft will be operated by Avianca’s cargo subsidiary Tampa. Avianca will announce its engine choice at a later date. The A330-200 Freighter will replace Tampa’s current cargo fleet and play a key role in expanding

MTU Aero Engines has taken an 18% share in the PurePower PW1100G-JM engine program which is currently being developed for the emerging Airbus A320neo aircraft family. This has been agreed between MTU, JAEC and Pratt & Whitney, the leading OEM partner company in this program. According to the agreement, MTU will also take on a