South Korea, Indonesia to cooperate to sell aircraft globally
In this article (5)
Korea Aerospace Industries, the country’s sole aircraft manufacturer, said Wednesday it had signed an initial agreement with an Indonesian company to sell its products in the global market.
In the 2016 Indo Defence Expo and Forum set to run from Wednesday through Saturday in Jakarta, KAI and PT Dirgantara Indonesia (PTDI) agreed to carry out joint marketing to export aircraft in Southeast Asia, the Middle East and Africa, KAI said in a statement.
“The two companies will expand their cooperation in passenger carriers, military aircraft and aerospace businesses,” KAI Chief Executive and President Ha Sung-yong said in the statement.
Under the pact, KAI aims to export the KUH-1 Surion utility helicopters to Indonesia as its military is expected to gradually replace the aging fleet of 200 choppers. It will help the PTDI improve its aircraft maintenance capabilities, and the PTDI will help KAI win local projects in aircraft maintenance, repairs and operations, it said.
The two aircraft companies also plan to jointly develop unmanned aerial vehicles (UAVs) and promote their aircraft in global markets through joint marketing, KAI said.
Questions & Answers
Q.Which specific regions are KAI and PTDI targeting for joint aircraft exports?
Which specific regions are KAI and PTDI targeting for joint aircraft exports?
The initial agreement between KAI and PTDI focuses on joint marketing efforts to export aircraft to Southeast Asia, the Middle East, and Africa. This collaboration aims to expand their global market reach.
Q.What type of aircraft does KAI hope to export to Indonesia as part of this agreement?
What type of aircraft does KAI hope to export to Indonesia as part of this agreement?
Under the new pact, KAI aims to export its KUH-1 Surion utility helicopters to Indonesia. This is intended to help the Indonesian military replace its existing fleet of 200 aging choppers.
Q.How will the Indonesian company, PTDI, benefit from this cooperation regarding aircraft maintenance?
How will the Indonesian company, PTDI, benefit from this cooperation regarding aircraft maintenance?
PTDI is expected to improve its aircraft maintenance capabilities through this cooperation with KAI. In return, PTDI will assist KAI in securing local projects within the aircraft maintenance, repairs, and operations sector.
Q.Beyond exporting existing aircraft, what future collaboration are the two companies planning?
Beyond exporting existing aircraft, what future collaboration are the two companies planning?
The two aircraft companies also plan to jointly develop unmanned aerial vehicles (UAVs) as part of their expanded cooperation. They will promote these and other aircraft in global markets through joint marketing efforts.
Reader pulse
Is this KAI-PTDI partnership a deliberate step?
15,783 votes so far