Kenkoua Aerospace Invited to Present Success Case at AIRBUS DAY

[Asia Economy Reporter Jang Hyowon] Kenko Aerospace announced on the 28th that it presented a successful case of cooperation in the aerospace and defense sectors with Airbus, a global major aircraft manufacturer and defense contractor, at AIRBUS DAY.

This event was hosted by the Ministry of Trade, Industry and Energy and organized by Airbus, KOTRA, and KAIA (Korea Aerospace Industries Association). It was held to support the activation of global expansion by providing cooperation opportunities between Airbus and domestic small and medium-sized enterprises. Seventeen representatives from three Airbus departments attended, along with 33 domestic companies and numerous related domestic organizations.

Kenko was invited to this event as a successful case for the ongoing Airbus A330 and A320 passenger-to-freighter conversion (PTF Conversion) projects. The only domestic companies invited to present were Kenko and KAI.

Since Kenko first secured a 260 billion KRW passenger-to-freighter conversion project in 2020, it additionally won a 120 billion KRW project in 2021, holding a total order backlog of 380 billion KRW for Airbus. Based on this project, Kenko achieved sales of 54.6 billion KRW in 2021, a 78% increase compared to the previous year, surpassing pre-COVID-19 sales performance.

Notably, the 2021 project was recognized as an Off-set project by the Defense Acquisition Program Administration of Korea, establishing Kenko as a core value chain partner of Airbus. As an Off-set partner of Airbus, Kenko’s opportunities for additional projects are expanding.

This content was produced with the assistance of AI translation services.