Griffin Global Asset Management, a commercial aircraft leasing and alternative asset management company, agreed to purchase and leaseback two new Airbus A350-900 aircraft to Air France.

Griffin Global Asset Management delivered the first aircraft on a long-term lease to Air France on Jan. 28. It will deliver the second aircraft in September. Both aircraft feature RR Trent XWB-84 engines.

“We are very pleased to announce this first transaction with Air France,” Marc Baer, president of Griffin Global Asset Management, said. “Our management team’s long relationship with Air France-KLM dates back decades, and these transactions affirm the great working relationship we have developed over that period. The A350-900 forms the core of Air France’s long-haul fleet renewal and will be instrumental in achieving increased efficiency and economics well into the future.”