Avianca Airlines placed a firm order for 10 787s valued at $1.5 billion, becoming the first airline in South America to order the aircraft. The Colombian carrier also holds purchase rights for 10 more 787s. Boeing previously credited the order to an unidentified customer in its listing of orders and deliveries and announced the order late Wednesday.

Thai Airways board announced approval of the sale of two A300-600s that will leave the fleet by June and the purchase of a 747-400 the airline has been leasing since 1997 when the contract expires in April 2008.

American Airlines yesterday said it will expedite both the delivery of the 47 737-800s it has on order and the replacement of a portion of its MD-80 fleet. It will take three aircraft in early 2009 that originally were scheduled to arrive in 2016 and "intends to continue pulling forward deliveries" from the current 2013-16 timeframe to 2009-12. It said it hopes to improve the entire fleet's fuel efficiency by more than 20% by 2020.

Bombardier Aerospace enjoyed a 21.1% increase in operating profit to $322 million for the fiscal year ended Jan. 31 thanks to robust sales of business aircraft and a renewed interest in turboprops. The parent company's net profit of $268 million represented a 7.6% rise over the $249 million earned in the previous 12-month period. Full-year revenue at Bombardier Aerospace rose 1.8% to $8.23 billion owing to the strength of the market for business jets, although revenue from regional aircraft fell 21.1% to $2.12 billion.

JetWorks Leasing announced the sale of a 767-300ER on lease to LAN Airlines by BTMU Capital and HSH Nordbank to a fund managed by Guggenheim Aviation Partners and a 737-300 on lease to Pluna by PLM Financial Services to Deutsche Bank Equipment Leasing.