The present study is concerned with aerodynamic characteristics and reference trajectory generation of Hope-X in Approach/Landing phase. To create reference trajectory generation in A/L phase, detailed informations on lift and drag coefficients of Hope-X must be provided. To obtain these informations, aerodynamic characteristics of Hope-X are analyzed using the commercial CFD code, Fluent. The A/L phase is conceptually divided into three sub-phases: the Steepglide Slope phase for stability of vehicle, the Flare Maneuver phase for safety landing, the Circular Flare for smooth connecting with these both phases. The reference trajectory is obtained by determination of flight-path angle through geometrical formulas with consideration of aerodynamic coefficient and dynamic characteristic