Korean Air, Airbus join hands for S. Korean fighter project

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SEOUL, Feb. 22 (Yonhap) — South Korea’s top air carrier Korean Air Line Co. has signed a memorandum of understanding (MOU) with Europe’s Airbus to jointly bid for Seoul’s indigenous fighter development project, Korean Air officials said Sunday.

Codenamed KF-X, the 8.5 trillion won (US$8.3 billion) project calls for South Korea to develop fighter jets of the F-16 class to replace its aging fleet of F-4s and F-5s. Some 120 jets are to be put into service starting around 2025.

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