Air Lease Corp. signed long-term lease agreements for 29 aircraft with Asian airlines. China Eastern Airlines will lease 10 new Airbus A320-200s and five new Boeing 737-800s, for delivery in 2012 and 2013, in a transaction valued at approximately $700 million. It will also acquire from CEA three 767-300ERs, two under lease with MIAT Mongolian, for delivery in May and November 2011, and one to Orient Thai Airlines for delivery in August 2011.

Chile-based LAN Airlines confirmed to ATW it reached a deal with Boeing for the purchase of five 767s, plus options for four more, in a deal valued at $870 million. Delivery is scheduled between December 2012 and August 2013, LAN said. A Boeing spokesman told ATW, “We look forward to finalizing this order for five 767-300ERs in the very near future. This order will bring LAN's total 767 order count to 40.”

China Southern Airlines said in a filing with the Shanghai Stock Exchange that subsidiary Xiamen Airlines will order six Boeing 787s to facilitate its international expansion. The order, which is not yet final, is valued at $1.1 billion at list prices, but the carrier will pay "significantly" below list prices, the filing said. Deliveries are slated for 2014-15. Xiamen GM Che Shanglun said the carrier plans to use the Dreamliners to launch routes to Europe and the US from its Xiamen base and Fuzhou.

Dunlop Aircraft Tyres won a five-year contract with Icelandair Technical Services to supply new tires and provide retreading for a fleet of 16 Icelandair aircraft and 12 757-200s "flown by airlines in the Nordics and Russia," it said.

Rolls-Royce announced that the Trent 1000 for Boeing's 787 received 330-min. ETOPS approval from US FAA. "ETOPS approval marks a major milestone for the Trent 1000 program," Program Director Simon Carlisle said in a statement, adding, "We now look forward to supporting Boeing's own ETOPS program." The Trent 1000 recently passed 2,800 hr. of flight testing.