An F-5E fighter jet crashed into a mountain in Hwaseong, Gyeonggi, on Tuesday after taking off from an Air Force base in the nearby city of Suwon around 1:50 p.m., killing the sole pilot. The pilot, a captain, tried to eject but failed.
Seoul and Jakarta on Thursday reached agreement on who will pay what in the joint development of the next-generation fighter jet KF-21, dubbed the Boramae.
Airbus reaffirmed its commitment to partnerships with Korea ahead of the Seoul ADEX 2021 exhibition.
Korea and Indonesia agreed Friday to closely cooperate to proceed smoothly with their joint KF-21 fighter jet development project, in a visit to Jakarta by Seoul’s top diplomat.
A consortium led by Kanglim, an equipment maker run by underwear company Ssangbangwool, was the only bidder in a Monday auction for cash-strapped budget carrier Eastar Jet.
Financially troubled budget carrier Eastar Jet has received letters of intent from some investors for its stake up for sale and will select a final bidder next month.
Two months after its much-ballyhooed April 9 unveiling, the KF-21 Boramae is being dismantled, raising awkward questions about the true readiness of the prototype of Korea's first indigenously developed fighter jet.
The National Assembly on Wednesday passed a motion to allow the arrest of a businessman-turned-lawmaker for a criminal investigation.
A completed prototype of the KF-21 Boramae awaits its official rollout on Friday at Korea Aerospace Industries's (KAI) headquarters in Sacheon, South Gyeongsang...
Korea’s ambitious indigenous fighter jet project may end up costing taxpayers much more than they bargained for, as its partner Indonesia toys with pulling out from the program altogether.