AAR and Korea Aerospace Industries (KAI), the largest original equipment manufacturer (OEM) and maintenance, repair and overhaul (MRO) provider for military aerospace customers in Korea, have signed a Memorandum of Understanding (MOU) to work together to establish a commercial aircraft MRO facility in South Korea.
AAR’s 1MRO Network, the third largest in the world, will provide its industry-leading best practices in MRO as a consultant to KAI. The two providers are also considering operating the new facility under a joint venture.
Under the agreement, AAR and KAI will also focus on growing KAI’s MRO services to third-party customers/airlines. And AAR will lend its expertise on FAA and EASA certification and licensing requirements.