Airlines & Lessors

All Nippon Airways parent ANA Holdings has reported record operating income and profit for its fiscal 2012 year.

Japan Airlines (JAL) reported net income of ¥171.6 billion ($1.75 billion) for its full fiscal year ended March 31, down 8% from a net profit of ¥186.6 billion in the prior fiscal year, and said Tuesday that 787 service will resume June 1.

Florida-based Spirit Airlines earned a first-quarter net profit of $30.6 million, up 30.5% over $23.4 million in net income in the year-ago period.

Hainan Airlines reported a first-quarter net profit of CNY183.84 million ($29.6 million), up 4.7% from CNY175.6 million in the year-ago quarter.

Turkish low-cost carrier (LCC) Pegasus Airlines has floated 34.5% of its share capital on the Istanbul stock exchange, completing its long-awaited initial public offering (IPO).

Russia’s Transaero Airlines has signed a codeshare agreement with Taiwan’s China Airlines on the Moscow-Bangkok-Taipei route.

Independent holiday charter Small Planet Airlines is replacing its leased older Boeing 737-300s with leased newer Airbus A320 aircraft.

United Airlines has inked a firm order for 30 Embraer E-175 jets plus 40 options.

ATR has received FAA certification for its 42- and 72-600 aircraft.

Nepal Airlines has signed a memorandum of understanding (MOU) for the purchase of two Airbus A320s for its fleet modernization.

Top All Nippon Airways (ANA) and Boeing executives flew aboard the airline’s first 787 proving flight Sunday.

Thomas Cook Group—which detailed plans in February to reorganize its Belgian, German and UK airlines—has announced it will merge Frankfurt-based Condor Flugdienst GmbH and its wholly owned subsidiary Condor Berlin GmbH.

A National Airlines Boeing 747-400 freighter crashed and was destroyed shortly after take-off from Bagram, Afghanistan, April 29.

China Southern Airlines reported a net profit of CNY57 million ($9.16 million) in the first quarter, down 82% compared to net income of CNY319 million in the year-ago quarter.

Ethiopian Airlines resumed Boeing 787 Dreamliner service Saturday with a flight from Addis Ababa to Nairobi, making it the first carrier to relaunch 787 flights since the aircraft was grounded in January.

Finnair reported a first-quarter loss of €15.8 million ($20.6 million), an 18.3% improvement on the €19.3 million loss recorded in the year-ago period.

Southeast Asia’s biggest budget airline, AirAsia Berhad, has formalized a shareholder and brand license agreement with its Indian partners.

Kenya Airways CEO Titus Naikuni has told ATW he is “cautiously optimistic” that low-cost subsidiary Jambo Jet will launch this year.

China Eastern Airlines has conducted an Airbus A320 biofuel test flight using so called “gutter oil.” The Shanghai-based carrier operated a 90-minute

United Airlines has put in place a set of initiatives to save 85 million gallons of fuel in 2013, equivalent to 828,750 metric tons of CO2 or roughly $275 million at current fuel prices.

All Nippon Airways (ANA), the Boeing 787 launch customer and largest Dreamliner operator with 17 in its fleet, will conduct a 787 proving flight Sunday, an initial step toward resumption of commercial flights with its 787s.

Aer Lingus has sought clearance from its shareholders to dispose of a pair of London Heathrow slots to British Airways for “an agreed consideration.”

LOT Polish Airlines plans to resume Boeing 787 operations June 5, initially deploying the type on its Warsaw-Chicago service.

Star Alliance CEO Mark Schwab is in talks with US Airways management about the carrier’s exit from Star after the merger with American Airlines is completed later this year.