Korea Aerospace wins $78m trainer jet deal from Thailand

Korea Aerospace Industries Co. (KAI), South Korea's sole aircraft manufacturer, said Monday it has received a $78 million deal to supply trainer jets to Thailand.

Under the deal, KAI will supply two T-50TH advanced trainer jets to the Thailand air force by November 2023, the company said in a regulatory filing.

KAI has achieved $400 million worth of deals to supply 16 T-50 trainer jets to date.

KAI has exported 156 trainer jets worth US$3.1 billion -- 72 T-50 advanced trainer jets worth $2.6 billion and 84 KT-1 basic trainer jets worth $700 million -- to countries that include Indonesia, Iraq, Thailand, Turkey, Peru and the Philippines since its foundation in 1999. (Yonhap)