12.17.24

Kansas Modification Center (KMC) Brings South Korean Investor on to B777-300ERCF Air Cargo Conversion Certification Team

Kansas Modification Center (KMC) announces a major investment in the company’s passenger-to-freighter aircraft conversion work. KMC welcomes [NAME OF GROUP IF SPECIFIC] a group led by global logistics business leader BC Park of South Korea to join the team bringing the Boeing 777-300ERCF to the commercial market for air cargo.
 
Park brings more than 40 years of experience in global logistics, entrepreneurship and aviation investment and has led premier global logistics companies in east Asia, as well as been a key shareholder in Korean airlines. The investment is expected to see KMC’s work through the Supplemental Type Certification (STC) process from the Federal Aviation Administration (FAA), as well as help expand the company’s reach into Korea and Asia, which is the fastest growing region for air cargo.
 
“We have recognized the critical importance of providing long-range freighters, including the B777-300ERCF, to ensure sustained growth for Korea and Asia to the world,” said Sean C. Kang, CFO (GROUP NAME). “Trusting in KMC’s manufacturing capabilities and the advanced technological expertise of the infrastructure, Mr. Park has decided to invest in KMC. We see this opportunity as a pivotal moment to expand KMC’s B777-300ERCF conversion business, and a commitment to leveraging regional expertise and resources to drive innovation and growth in the aviation industry.”
 
Park is the founder and CEO of KORCHINA Logistics, based in Hong Kong, and has served as a major investor in Air Premia and Hi Air, two Korean airlines.
 
With KMC’s innovative forward-door design, the B777-300ERCF maximizes payload due to its low operating empty weight. Engineered and built at Air Capital Flight Line facilities at the former site of Boeing Wichita, KMC is converting aircraft that had flown nearly 400 passengers into cargo aircraft with a payload of more than 100 tons.
 
“Wichita’s aerospace expertise and crucial connection within aviation makes KMC’s work possible,” said Jim Gibbs, president and CEO of KMC. “We are honored to have Mr. Park join us in answering the global needs for greater logistics and a better supply chain.”
 
After FAA certification, KMC’s conversion program is expected to expand in Wichita, with more hangar space being built to accommodate additional aircraft on site. The economic development impact of the business is expected to provide more jobs for skilled aviation workers and engineers in Kansas, as well as build in global connections with Park’s group.
 
“There is a long history of cooperation in aviation with Korea and Wichita,” said Kang. “KMC is a hidden jewel here, which needs greater exposure to the rest of the world. This investment exemplifies the potential for mutual success through the sharing of technology and opportunities.”