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T’Way Air To Receive Boeing 737-8 MAX MSN 62919

T’Way Air is finalizing preparations to receive a new Boeing 737-8 MAX, identified by manufacturer serial number (MSN 62919). This latest addition to the South Korean low-cost carrier’s fleet underscores the airline’s continued growth strategy and its commitment to modernizing its operations with more fuel-efficient aircraft.

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T’way Air Adds A330-300 With Trent 772B-60 Engines

T’way Air, a low-cost carrier based in South Korea, has added a widebody Airbus A330-300 to its fleet as part of its push into medium- and long-haul markets. The aircraft, bearing serial number 1549, is powered by Rolls-Royce Trent 772B-60 engines and has been acquired on lease to support the airline’s expanding route network.

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T’way Air Appoints Lee Sang-yoon as Acting CEO

T’way Air, a South Korean low-cost carrier, has appointed Lee Sang-yoon as its new Acting Chief Executive Officer, following a board decision aimed at realigning the airline’s strategic vision and leveraging group synergies. The appointment marks a key leadership transition as the airline navigates expansion and post-pandemic recovery in an increasingly competitive market.

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T’way Air Postpones Meeting to Finalize Daemyung Sono Deal

T’way Air, a low-cost airline based in South Korea, has postponed its extraordinary general meeting (EGM) to 24 June 2025, thereby delaying the finalization of its proposed acquisition of Daemyung Sono’s management rights. The move follows a delay in the anticipated ruling from the Fair Trade Commission (FTC), which is currently reviewing the proposed corporate combination.

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T’way Air CEO Jeong Hong-geun Steps Down as Daemyung Sono Group Takes Ownership

T’way Air (South Korea) CEO Jeong Hong-geun has stepped down after failing to secure a fourth consecutive term, following the airline’s acquisition by Daemyung Sono Group. This leadership transition marks a significant shift for the South Korean low-cost carrier, which is now under new ownership.

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T’way Air Minority Shareholders Challenge Merger Agreement

Minority shareholders of T’way Air (South Korea) have begun legal and financial action, alleging violations of their shareholder rights amid the airline’s merger and acquisition agreement involving major stakeholders Yelimdang and Daemyung Sono Group. The dispute highlights growing concerns over transparency and fair treatment in corporate governance during ownership transitions.

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T’way Air Reports 2024 Financial Results

T’way Air Co., Ltd., a prominent South Korean low-cost carrier, has announced its financial results for the year ending December 31, 2024. The airline reported sales totaling $1.0 billion, a 13.9% increase compared to the previous year. However, the company also recorded a net loss of $41.5 million, underscoring the persistent challenges faced by the aviation industry amid fluctuating…

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Sono Group Accelerates T’way Air Management Acquisition

Sono Group (South Korea) is fast-tracking its efforts to gain management control of T’way Air, positioning itself as the carrier’s largest shareholder. The move aligns with Sono Group’s broader strategy to establish a resort-linked airline, with a potential inclusion of Air Premia into its portfolio.