Talks have been resumed by the United Arab Emirates (UAE) for the acquisition of a South Korean built T-50 jet trainer following failed negotiations to purchase Italy’s M-346 trainer.
In February 2009, the UAE selected Alenia Aermacchi’s M-346 for an order of 48 aircraft including 20 light fighter versions.
But negotiations to acquire the €1bn ($1.4bn) Italian aircraft stalled due to a misunderstanding between the parties over specifications, according to defencenews.com.
The UAE is currently in advanced talks with Korea, which may result in an agreement over the purchase of Korean Aerospace Industry-built T-50 jet trainer.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData