CDB Aviation Lease Finance DAC, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), has announced that on December 18 the company delivered the second new Airbus A321-200 aircraft to South Korean carrier Asiana Airlines, the company said.
The aircraft will be sub-leased to the airline´s subsidiary Air Seoul, representing the first new Airbus aircraft to join the low-cost carrier´s all-A321 fleet.
The aircraft is the second new A321-200 delivered by CDB Aviation to Asiana Airlines, the first of which was delivered to its subsidiary and low-cost carrier Air Busan in November.
CDB Aviation is a wholly owned Irish subsidiary of CDB Leasing, a 33-year-old Chinese leasing company that is backed mainly by the China Development Bank. China Development Bank is under the direct jurisdiction of the State Council of China and is the world´s largest development finance institution. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating. www.cdbaviation.AERO
Asiana Airlines was founded in 1988 and has continued to maintain its 5-star rating by Skytrax for 11 consecutive years since 2007. Headquartered in Seoul, South Korea, Asiana Airlines operates 77 international passenger routes to 63 destinations in 23 countries and 23 cargo routes to 25 cities in 11 counties. Asiana Airlines has recently introduced state-of-the-art Airbus A350-900 aircraft with in-flight connectivity to provide the ultimate travel experience. Asiana´s A350 fleet is flying to San Francisco, London, Hanoi and Fukuoka. Asiana Airlines became a Star Alliance member in 2003.
Air Seoul is the latest South Korean low-cost carrier to hit the market. Under the Kumho Asiana Group, the airline is based at Incheon International Airport in Seoul and initially operated domestic flights before spreading to international operations in October 2016. It launched operations on 11 July 2016. International operations commenced in October 2016, with 16 routes covering seven countries, including to Osaka, Tokyo, Hong-kong, Macau, Guam, Siem-reap, and Kota Kinabalu.