South Korea's KAI wants to spread its wings in commercial aviation

Newswire

By Siva Govindasamy SINGAPORE, July 24 (Reuters) - Korea Aerospace Industries Ltd wants to become a bigger player in the global supply chain for Airbus and Boeing commercial aircraft, and reduce its dependence on the South Korean defence market, its chief executive told Reuters. Tapping the growing international demand for passenger aircraft will help KAI to eventually reach its annual revenue target of $10 billion, Ha Sung-yong, who became the chief executive ...

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