Asiana Airlines (OZ, Seoul Incheon) has signed a Letter of Intent (LOI) with Airbus (AIB, Toulouse Blagnac) for twenty-five A321neo aircraft valued at USD2.8 billion at list prices. The A321neo will join an existing fleet of thirty-one A321-200 aircraft operated by Asiana Airlines and its low cost subsidiary Air Busan, with the A321 set to become the primary single aisle type at both units.

“With the A321neo we will be able to look forward to even greater levels of efficiency, with a 20 per cent reduction in fuel consumption and increased flying range," Kim Soo Cheon, President & CEO, Asiana Airlines, said. "The acquisition of the A321neo underscores our strategy to operate only the most modern and efficient aircraft that the industry has to offer.”

Seating 180 passengers in a two class layout, Asiana will deploy the new aircraft on regional flights, as well as on select domestic routes. Delivery is scheduled for 2019 through to 2025.