Korean Air, Airbus join hands for S. Korean fighter project
Feb 5, 2015
South Korea's top air carrier Korean Air Line Co. plans to sign a partnership agreement with Europe's Airbus this week to jointly bid for Seoul's indigenous fighter development program, officials said Thursday. Codenamed KF-X, the 8.5 trillion won ($8.3 billion) project calls for South Korea to develop and produce some 120 fighter jets of the F-16 class to replace its aging fleet of F-4s and F-5s. "The two sides reached a verbal agreement earlier this week to jointly bid for the development pr