Thailand Awards Korea Aerospace USD 78 Million Contract for Trainer Jets

Aug 2021

In August 2021, South Korea´s leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it had signed a USD 78 million agreement with Thailand for the provision of two T-50TH advanced training jets and related support. The delivery of the aircraft is scheduled for November 2023.

The T-50TH is an advanced training jet customized to the requirements of the Royal Thai Air Force. It is based on T-50, South Korea’s first indigenous supersonic aircraft developed by KAI for the nation’s air force. The T-50 is designed for pilot training as well as engaging in light combat missions. In total, Thailand has acquired 14 T-50THs: four in 2015, eight in 2017 and two in 2021.

The deal follows another contract recently secured by KAI in Indonesia. The South Korean manufacturer won a USD 238 million for the sale of six T-50i jets. Overall, KAI’s total exports of the type amount to 72 units: 14 to Thailand, 22 to Indonesia, 12 to the Philippines and 24 to Iraq.

The company also revealed that it expects to receive further orders for T-50s from Malaysia, and it targets sales of the aircraft to reach the 100-unit milestone by the end of 2021.

(Sources: Pulse News; The Korea Herald)

About Us

Orissa International helps companies that want to develop a market entry strategy for Southeast Asia or implement their business expansion into the region. We have very strong domain knowledge of markets and industry sectors, and a business network of over 16,000 companies that includes distributors, resellers, system integrators and local manufacturers, that we have built through advising and guiding more than 5,000 companies with their market expansion into the ASEAN region over the last 25 years.

Orissa International is headquartered in Singapore, with additional offices in Malaysia, Indonesia, Thailand, Vietnam, and the Philippines.

Our Services