Aerospace

Malaysia picks South Korea’s FA-50 over Tejas, Hurjet in $920 million deal

Korea Aerospace Industries, Ltd. (KAI), the only aircraft maker in South Korea, announced on Friday that Malaysia has awarded it a contract for a 1.2 trillion won (US$920 million) aircraft, with deliveries beginning in 2026.

The FA-50 is a light combat aircraft that can be used for a variety of missions, including air-to-air and air-to-ground operations. It is equipped with a radar system, advanced avionics, and a range of weapons systems, including missiles, rockets, and bombs.

The acquisition of the FA-50 is part of Malaysia’s broader efforts to modernize its armed forces and replace its aging equipment with newer, more capable systems. The aircraft is expected to enhance Malaysia’s air defense capabilities and provide a significant boost to its overall military capabilities.

If Malaysia were to select the Tejas for its fighter aircraft procurement program, it would be a significant boost to India’s defense exports and further strengthen the strategic partnership between India and Malaysia. However, at this time, the status of the Tejas tender for Malaysia remains uncertain.

KAI won the contract to export 18 FA-50 light attack aircraft from the Malaysian defense ministry over competing bids from India’s Tejas, Pakistan’s JF-17, Russia’s MIG-35, and Turkey’s Hurizet, the company said in a statement. After Indonesia, the Philippines, and Thailand, this is KAI’s fourth aircraft contract with a Southeast Asian nation, according to the announcement.

Does Malaysia choose the Tejas fighter jet from India?(Opens in a new browser tab)

With this most recent agreement, KAI will have exported 68 KT-1 basic, T-50 advanced, and FA-50 aircraft to Southeast Asian markets. It has agreements in place to provide 222 aircraft to nations around the world, including Iraq, Poland, Peru, and Senegal.

In addition, KAI anticipates winning a contract to provide Malaysia with an additional 18 FA-50s as the Southeast Asian nation intends to expand its aircraft fleet. It seeks to increase the export of its aircraft to markets in the Middle East, Africa, Australia, the US, and other regions.

KAI aims to earn 3.83 trillion won in sales in 2023 and 4.48 trillion won in orders for aircraft and parts. In the previous year, the corporation set an order target of 4.19 trillion won but actually received 8.74 trillion won.

The final aircraft for the Malysian tender shortlist was the Tejas and KAI FA 50. It was on hold while talks with the parties continued. Nonetheless, the Korean succeeded in convincing the Malaysian and secured the contract.

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Aerospace

EASA Ends Suspension on PIA, Approves Flights to Europe

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The suspension of Pakistan International Airlines (PIA) from operating in Europe is finally over, marking a significant turning point for Pakistan’s aviation sector.

After years of scrutiny and stringent safety assessments, the European Commission and the European Aviation Safety Agency (EASA) have officially lifted the ban on PIA. This decision also grants Airblue authorization to operate flights to Europe, further enhancing Pakistan’s connectivity with the region.

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PIA’s suspension, initially imposed in June 2020, was a direct consequence of concerns regarding the oversight capabilities of Pakistan’s Civil Aviation Authority (PCAA). These concerns were triggered shortly after a tragic PIA plane crash that claimed 97 lives, prompting an investigation into the validity of pilot licenses issued in the country.

Now, after four years of continuous efforts and reforms by the PCAA, EASA has expressed renewed confidence in Pakistan’s aviation regulatory framework. In a statement, EASA highlighted that Pakistan has successfully addressed safety compliance issues, enabling PIA to resume its operations within the European Union.

A spokesperson for PIA expressed optimism, emphasizing the airline’s commitment to strictly adhere to EASA’s regulations and guidelines. “This milestone has been achieved after four years of relentless efforts by the PIA management,” the spokesperson said.

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The lifting of the ban is expected to have a profound impact on PIA’s future. The airline, which employs over 7,000 people, has faced criticism in the past for poor management, financial instability, and regulatory challenges.

However, the restoration of European operations is seen as a vital step toward regaining its competitive edge, improving its financial standing, and restoring its reputation on the global stage.

Pakistan’s government, which has been exploring options to privatize the debt-laden national carrier, is hopeful that this development will attract foreign investment and bolster the country’s aviation industry.

With a renewed focus on compliance and safety, PIA is now poised to rebuild its presence in Europe, offering Pakistani travelers and international passengers more connectivity and improved service.