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Biz News Korea(Eng)
KAI wins $260 million deal to reinforce T-50 fleet for Thailand
- Collected
- 2017.08.01
- Distributed
- 2017.08.02
- Source
- Go Direct
![Kim In-shik, head of Korea Aerospace Industries’ overseas business, (left) shakes hands with Air Chief Marshal Chaiyapruk Didyasarin, head of the Thai Acquisition Committee, after signing an agreement on T-50 units for the Royal Thai Air Force at Marriott Hotel in Seoul on July 29. [Photo by KAI]](http://file.mk.co.kr/meet/neds/2017/07/image_readtop_2017_513273_15014838672976292.jpg)
Kim In-shik, head of Korea Aerospace Industries’ overseas business, (left) shakes hands with Air Chief Marshal Chaiyapruk Didyasarin, head of the Thai Acquisition Committee, after signing an agreement on T-50 units for the Royal Thai Air Force at Marriott Hotel in Seoul on July 29. [Photo by KAI]
The Royal Thai Air Force earlier purchased four units in the trainer jet in 2015.
Under the agreement, KAI will deliver two units of the T-50TH, a specialized model for Thailand, in November 2019 and the remainder by May 2020. The export contract encompasses the supply of ground support equipment and maintenance parts.
“T-50TH is a very efficient aircraft,” Air Chief Marshal Chaiyapruk Didyasarin, who heads the Thai Acquisition Committee, said during a signing ceremony.
With the latest deal, KAI’s combined overseas sales of T-50 came to 64 units at $2.93 billion, with clients including Indonesia (16 units), Iraq (24 units) and the Philippines (12 units).
KAI said the latest deal will also give a boost to the company`s plan to sell the jet to more countries, including Botswana, Argentina and the United States this year.
By Kang Young-woon
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