Vmo Aircraft Leasing purchased an Airbus A350-900 aircraft from ABC Financial Leasing, the wholly-owned subsidiary of Agricultural Bank of China Limited. The aircraft is on lease to South Korean carrier Asiana Airlines.

“This transaction marks the commencement of a new airline relationship with one of the largest airlines in South Korea and an increasingly important player in the East Asian region,” Marilyn Gan, senior vice president and head of Asia Pacific at Vmo Aircraft Leasing, said. “We are very pleased to partner with both the ABC Leasing and Asiana teams on this transaction and look forward to continued growth opportunities in the Asia Pacific region.”

The A350 aircraft is equipped with the Trent XWB-84 engines and configured in a three-class layout featuring a total of 311 seats, comprising 28 in business smartium, convertible to fully flat beds, 36 in economy smartium and 247 in the main cabin. Asiana was the twelfth airline to operate the world’s newest and most efficient twin engine widebody airliner. It is currently deployed on the carrier’s long-haul routes to Europe and the U.S.