Korea Aerospace signed a deal to export T-50TH trainer jets to the Thailand

South Korea’s sole aircraft manufacturer, Korea Aerospace Industries Ltd., said Thursday that it signed a deal to export trainer jets to the Thai government for around $110 million.

The deal inked in Seoul between leaders of the two sides called for KAI to deliver four units of the T-50TH to the Thai government within 30 months of the contract, the company said in an emailed press release.

The T-50TH will likely replace the outdated L-39 model that the Thai air force has been using for training purposes, it added.

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The KAI expects that the latest deal will raise the ratio of exports to over 60 percent of its sales target of 3 trillion won set for this year.

“The fact that the Thai air force with a long period of history chose the T-50TH as its multi-purpose high-level trainer jets helps strengthen the masterpiece image of the T-50 in the East Asia region,” it said.

www.koreaherald.com

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