LOT Polish Airlines has taken an Airbus A330 on wet lease from Portuguese lessor Hi Fly as an interim measure during the Boeing 787 grounding.

The new EADS board of directors elected Denis Ranque as chairman and reappointed Tom Enders as CEO at its first formal meeting.

Boeing operated a 787 test flight Monday, though it was unrelated to the battery issue that has grounded the worldwide Dreamliner fleet.

All Nippon Airways (ANA) said it continues to assume the Boeing 787 will be grounded through the end of May, but it has yet not decided how it will handle 787-designated routes from June 1.

Avcorp reported $20.6 million net income for the full year 2012, reversed from a net loss of $2.5 million in 2011.

Boeing chairman, president and CEO Jim McNerney expressed confidence in the company’s fix for the 787’s battery system and predicted the aircraft’s grounding will be lifted soon.

Danish lessor Nordic Aviation Capital (NAC) has signed a firm purchase agreement for four Bombardier Q400 NextGens to be placed with Latvian carrier airBaltic.

Air Berlin and its major shareholder, Etihad Airways, are in talks with Boeing to switch its 787-8 order to the bigger -9 version, CEO Wolfgang Prock-Schauer told ATW onboard Air Berlin’s first flight from Berlin to Chicago O’Hare