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Korea's Asiana Airlines to buy 25 Airbus planes for 3.1t won

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South Korea's Asiana Airlines Inc on Wednesday said it would buy 25 aeroplanes from Airbus Group NV for 3.1 trillion won (US$2.83 billion) over seven years through to 2025.

[SEOUL] South Korea's Asiana Airlines Inc on Wednesday said it would buy 25 aeroplanes from Airbus Group NV for 3.1 trillion won (US$2.83 billion) over seven years through to 2025.

Asiana, in a regulatory filing, said it would use the newly acquired A321 NEO aircraft on mid- to short-distance flights to Asian destinations such as Japan, China and Southeast Asia.

The airline currently operates 33 A321 and A320 jets from a fleet of 85. It plans to gradually replace its A321-200 planes with the A321 NEOs starting in 2019.

Asiana, which has been bolstering its safety oversight since a crash in San Francisco in 2013, returned to the black last year with an operating profit of 98.1 billion won, from an 11.2 billion won operating loss in 2013.

sentifi.com

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The airline, which owns the largest stake in Air Busan Co Ltd, South Korea's second-largest low-cost carrier by revenue, has said it is considering launching a second budget carrier based in or near Seoul.

Shares in Asiana were 7.9 per cent higher as of 0518 GMT.

REUTERS

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