SEOUL --- Korean Air Lines Co. has signed a deal to partner with Boeing Co. to cooperate on technology in upgrading the CH-47 Chinook helicopter, the company said Thursday.
The Korean flag carrier and the U.S. aircraft manufacturer signed a memorandum of understanding (MOU) for the partnership at the Seoul International Aerospace & Defense Exhibition (ADEX) 2017 being held in Seongnam, just south of the capital city, Korean Air said in a statement.
ADEX, which is held every other year, started on Tuesday and runs until Sunday.
South Korea's Army and Air Force currently operate the American twin-engine, tandem-rotor, heavy-lift helicopter for various missions, including search and rescue operations.
Under the MOU, the two companies are expected to join the bid to upgrade the American-made helicopters operated by the Korean military and to advance to overseas markets to win other upgrade projects, the statement said.
Korean Air, the only airline which runs a maintenance, repair and overhaul (MRO) facility for military aircraft in the Asia-Pacific region, has been involved in MRO projects for 4,300 aircraft belonging to the Korean and U.S. military, it said.