Vietnam Airlines will take delivery of the first of 19 Boeing 787-9s in May, and the first of 14 Airbus A350-900s in June.

South African Airways (SAA) has renegotiated lease re-extensions on three Airbus A340s and is working on similar deals for another five, which are expected to cut R262 million ($22.5 million) in annual costs.

Rolls-Royce’s underlying profits from its civil aerospace business rose 12% to £942 million ($1.4 billion) in 2014, off the back of a 3% boost in underlying revenues.

Boeing has opened a propulsion engineering and assembly facility in North Charleston, Carolina.

All Nippon Airways (ANA) parent ANA Holdings has named senior EVP Shinya Katanozaka as president and CEO, succeeding Shinichiro Ito, who will take over as chairman April 1.

Russia’s UTair Aviation is considering remarketing its 12 Airbus A321s by trying to find new customers for the aircraft that was delivered in 2013-2014.

News Digest-Feb. 12, 2015

Bombardier reported a full-year net loss for 2014 of $1.25 billion, reversing the $572 million in profit the manufacturer recorded in 2013.