Airlines & Lessors

The expanded network offered by the pending American Airlines/US Airways merger will drive most of the efficiencies and synergies generated by the combination, the two carriers told Congress.

Chinese carriers reported a net profit of CNY1.2 billion ($191 million) in February, more than quadrupled from a net profit of CNY296 million reported in the year-ago period.

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US Jet Fuel Price Spot Cash Market $/gallon Price for Price for March 8, March 8, 2013 2012 US Gulf Coast $3.004 $3.288 Source: Thomson Reuters Ltd.

Air Seychelles has recorded a 2012 net profit of $1 million, fulfilling its prediction it would breakeven after three years of heavy losses.

Turkish Airlines has ordered additional GE CF6-80E1 engines to power its new two firm Airbus A330-300 aircraft, with three options.

Irish low-cost carrier Ryanair has signed an agreement with Boeing to purchase 175 737-800s valued at $15.6 billion at list prices.

Indonesia’s Lion Air Group has placed a firm order with Airbus for 234 A320 family aircraft, comprising 109 A320neos, 65 A321neos and 60 A320ceos.

SriLankan Airlines is working to prepare for its oneworld membership and is on track to join the alliance early next year.

Southwest Airlines said it has connected the Southwest and AirTran Airways networks, enabling a single transaction for coordinated itineraries for flights from April 14.

AviancaTaca has reported a 2012 net profit of COP$351. 6 billion ($198.6 million), up 160.7% year-over-year, in unaudited results.

Airline Routes

Boeing’s redesign of the 787 lithium ion battery system is intended to tackle more than just the still-undetermined root cause of two failures that ground the infant fleet.

Turkish Airlines has signed a contract for up to 117 A320 family aircraft, including 25 A321ceos, four A320neo, 53 A321neos and options for 35 additional A321neos.

Turkish Airlines reported 2012 annual net income of TRY1.13 billion ($632.3 million), up from TRY19 million in the year-ago period.

Hainan Airlines reported a 2012 net profit of CNY1.93 billion ($305.6 million), down 26.7% compared to CNY2.63 billion in 2011.

CORRECTON: A March 14 ATW Daily News story, “China Airlines to launch LCC in Taiwan,” incorrectly stated that Taipei-based China Airlines plans to launch a low-cost carrier in Taiwan in conjunction with TransAsia Airways.

Includes: Top 20 World Airports, Top 20 Reporting Airlines, World Airline Traffic, Jet Fuel Price Monitor, US Fuel Cost and Consumption, Aircraft Values, Aircraft Data, Transport Aircraft Deliveries, US Ontime Performance, US Consumer Complaints, Airline Traffic by Region

Includes: IATA Traffic Growth by Region, Top 20 Reporting Airlines, World Airline Traffic, Jet Fuel Price Monitor, US Fuel Cost and Consumption, Aircraft Values, Aircraft Data, Aircraft Deliveries, Airline Traffic by Region, US Mishandled Baggage, US Consumer Complaints, US Ontime Performance, US Denied Boardings, Selected Airport Traffic