How is Airbus Enhancing Its Partnership with S. Korea's Aerospace Sector?

Synopsis
Key Takeaways
- Airbus is strengthening its partnership with South Korea for sustainable growth.
- Over 160 Airbus aircraft are in operation in South Korea.
- The company plans to showcase innovative systems at ADEX 2025.
- A new research and training center is in development.
- Airbus maintains strong contracts with Korean Air.
Seoul, Oct 16 (NationPress) The renowned European aerospace powerhouse Airbus SE on Thursday committed to deepening its collaboration with South Korea, promising enhanced industrial synergy and shared initiatives for sustainable advancement in the aerospace and defense sectors.
During a press briefing in Seoul, prior to the company's involvement in the upcoming Seoul International Aerospace and Defense Exhibition (ADEX) 2025, Airbus Korea President Lee Hee-hwan emphasized the growing importance of Airbus within South Korea's aerospace framework, according to reports from the Yonhap news agency.
"Over more than 50 years, Airbus and South Korea have cultivated a reliable partnership rooted in innovation and industrial superiority," Lee stated. "South Korea transcends being a mere customer; it is a strategic ally in shaping the future of the aerospace sector."
Currently, over 160 Airbus commercial jets, 60 helicopters, and 30 military transport aircraft are operational in Korea, the company revealed.
At this year's ADEX, Airbus will present an extensive array of systems, including the A350F freighter, H225M and ACH160 helicopters, alongside the A330 MRTT+ defense platform, among others.
Lee emphasized that Airbus upholds extensive partnerships with both the government of South Korea and private entities, such as Korea Aerospace Industries (KAI) Ltd. and Korean Air Co., which provide essential components for Airbus' global initiatives.
He also discussed Airbus' ambition to establish a research and training (R&T) center in South Korea, following a memorandum of understanding signed between the company's defense division and Seoul's industry ministry in May 2024.
"The R&T center's proposal is currently being refined," he mentioned. "Once our plans solidify, we aim to share them officially in the near future."
When questioned about the competition with Boeing in the Korean market, particularly after Korean Air's substantial US$36.2 billion agreement to acquire 103 Boeing aircraft in August, Lee highlighted Airbus' robust relationship with the national carrier.
"Contracts have already been signed with Korean Air for the latest A320 and A350 aircraft, with a significant number of orders placed," he noted.
Lee further added, "These models boast remarkable fuel efficiency and lower carbon emissions. If operated effectively, we believe Airbus will continue to flourish in the South Korean market."