Korea Aerospace Industries’ (KAI’s) dedicated services company, Korea Aviation Engineering & Maintenance Service (KAEMS), has launched its new facility in Sacheon, in the south of the country, aiming to position the region as a hub for aerospace maintenance, repair, and overhaul (MRO) services.
KAEMS, which specialises in both military and commercial aerospace MRO, said the facility, which started operations on 19 November, will initially be positioned to win regional commercial aerospace contracts as well as those to support military transport aircraft.
An artist’s impression of KAI’s KF-X fighter. Once the aircraft is operational, KAI is expected to support the platform through its dedicated MRO company, Korea Aviation Engineering & Maintenance Service (KAEMS). (DAPA)
KAI, manufacturer of military platforms including the T-50 advanced jet trainer (AJT) aircraft, announced the launch of KAEMS in 2018 and started building the Sacheon plant in 2019. KAI, which is also headquartered in Sacheon, owns a 66.4% stake in the firm.
Other KAEMS shareholders include the Korea Airport Corporation, which owns 19.9%, the BNK Financial Group, which has a 9% stake, and a collection of South Korean airlines and parts suppliers, which hold 4.7%.
In terms of military-aerospace MRO, KAEMS is aiming to provide services for the Republic of Korea (RoK) Armed Forces and to countries operating in the Indo-Pacific region. KAI currently undertakes military and commercial aerospace MRO activities at its facilities in Sacheon but most of these projects will eventually be conducted by KAEMS.