South Korea to exchange transport planes with Spain

South Korea to exchange transport planes with Spain

South Korea and Spain come on to a potential sale of KT-1 and T-50 trainer jets in exchange for military transport aircraft Airbus A400M.

According to Yonhap News, South Korea has been reviewing Spain’s proposal to trade some of its A-400M transport planes made by Airbus for KT-1 and T-50 trainer jets produced by Korea Aerospace Industries (KAI).

Spain has reportedly ordered 27 A-400Ms from Airbus but has decided to sell 13 of them and received consent from Airbus. The country is reportedly hoping to deliver four to six A-400Ms to Korea in return for 30 KT-1s and 20 T-50s.

South Korea plans to send a team of officials to Spain for negotiations, officials said.

The deal, if realized, would mark South Korea’s first export of aircraft to Europe.

Source: www.defenceandtechnology.com
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