SEOUL, Feb. 24 (Korea Bizwire) — Korea Aerospace Industries, Ltd. (KAI), South Korea’s sole aircraft manufacturer, said Friday it has won a 1.2 trillion-won (US$920 million) aircraft deal from Malaysia, with the delivery set to begin in 2026. KAI signed the deal with the Malaysian defense ministry to export 18 FA-50 light attack aircraft, beating [...]
SEOUL, Feb. 17 (Korea Bizwire) — Kai, a member of K-pop boy band EXO, will put out a new individual EP, “Rover,” next month, the group’s management agency said Friday. The six-track album is scheduled to be released March 13, SM Entertainment said, without elaborating on the details of the album. His last release as [...]
SEOUL, June 24 (Korea Bizwire) — Korea Aerospace Industries Co. (KAI), South Korea’s sole aircraft manufacturer, is seeing new opportunities for aircraft deals from Eastern Europe and developing countries amid the ongoing war in Ukraine, a company executive has said. Demand for South Korean aircraft is on the rise, particularly from countries that need to [...]
SEOUL, June 12 (Korea Bizwire) — Korea Aerospace Industries Co., South Korea’s sole aircraft manufacturer, said Sunday it has signed an agreement with the U.S. defense firm Lockheed Martin to boost sales of its advanced trainer jets in the United States. Under the “Teaming Agreement” signed on Thursday (U.S. time), the two sides agreed to [...]
SEOUL, Nov. 30 (Korea Bizwire) — Kai, a member of popular K-pop boy group EXO, said Tuesday he wanted to show his new side “as sweet as a peach” in his new release as an individual artist. “If I had a weighty image as an EXO member and individual artist, I wanted to show a [...]
SEOUL, Nov. 30 (Korea Bizwire) — Kai, a member of K-pop boy band EXO, said Monday that he wants to open a new chapter in his singing career through his upcoming first solo album “KAI (开).” “I’ve danced or sung by myself in EXO’s concerts, but this is my first time being onstage as a [...]
SEOUL, Jan. 25 (Korea Bizwire) — Jennie, the pivotal member of K-pop girl band BLACKPINK, and Kai from the boy band EXO split up less than one month after their romantic relationship was exposed by a media outlet, according to the latter’s management agency on Friday. “The two parted ways,” SM Entertainment told the media, [...]
SEOUL, Jan. 7 (Korea Bizwire) - South Korea’s sole aircraft manufacturer Korea Aerospace Industries Ltd. (KAI) said Thursday that it has signed a formal deal to jointly develop its next-generation fighter plane with Indonesia. The cost sharing agreement reached in Jakarta between KAI and Indonesia’s defense ministry calls for Jakarta to foot 20 percent of the [...]
SEOUL, Dec. 29 (Korea Bizwire) – South Korea’s sole aircraft maker Korea Aerospace Industries Ltd. (KAI) said Tuesday it has completed the development of a marine variant of its Surion transport helicopter, which will help enhance the range of operation and mobility for the Marine Corps. The KAI undertook the project in 2013 to produce [...]
SEOUL, Nov. 27 (Korea Bizwire) - Korea Aerospace Industries Ltd. (KAI), South Korea’s sole aircraft manufacturer, said Friday that it has made the first delivery of its multi-mission jets to the Philippines, further solidifying its status as an aircraft exporter. The two FA-50PH took off from Sacheon, 437 kilometers south of Seoul, to make the 2,482 [...]