T'way Air Signs Agreement to Relocate Headquarters to Daegu... "Role as Regional Hub Airline for New Airport"

On the 5th, at the Daegu International Airport apron, Hong Joon-pyo, Mayor of Daegu Metropolitan City (left), and Jung Hong-geun, CEO of T'way Air, signed an agreement for mutual cooperation.
Photo by T'way Air

[Asia Economy Reporter Yoo Hyun-seok] T'way Air has signed an agreement with Daegu Metropolitan City to relocate its headquarters to Daegu.

On the 5th, T'way Air held a 'Memorandum of Understanding (MOU) Signing Ceremony for the Relocation of T'way Air Headquarters to Daegu' at the Daegu International Airport apron, attended by Hong Jun-pyo, Mayor of Daegu Metropolitan City, Jeong Hong-geun, CEO of T'way Air, and other officials.

The main contents of this agreement include ▲ relocating T'way Air headquarters to the Daegu region ▲ mutual cooperation to help Daegu-Gyeongbuk Integrated New Airport grow into a gateway airport for the central and southern regions ▲ job creation through prioritizing local workforce employment ▲ active route development reflecting regional air passenger and air logistics demand ▲ active cooperation to expand MRO business and establish an economic logistics airport ▲ faithfully performing the role as a regional hub airline through social contribution activities △ and administrative support efforts by Daegu Metropolitan City for growth as a regional hub airline.

Jeong Hong-geun, CEO of T'way Air, said at the signing ceremony, “To repay the support and love that the citizens of Daegu and Gyeongbuk have shown to T'way Air, we will take a leading role in the rapid growth of the integrated new airport and the development of the regional aviation industry. First, we will proceed with relocating the headquarters address to the Daegu area through administrative procedures.”

T'way Air recently started operating the Daegu?Da Nang route in May, coinciding with the normalization of international flights. Recently, the Daegu?Bangkok route was also resumed. Furthermore, to continuously expand travel convenience for Daegu-Gyeongbuk citizens, the airline plans to broaden resumed routes to Southeast Asia, Japan, and other destinations.

Before COVID-19, in 2019, T'way Air recorded the highest transport share of about 45% at Daegu International Airport, leading the convenience of air travel for Daegu-Gyeongbuk citizens. The airline has operated by hiring separate flight and cabin crew based in Daegu. Including partner companies, it currently operates with over 220 personnel.

Since the end of 2019, T'way Air has taken on the domestic cargo transport business at Daegu Airport, which had been temporarily suspended, operating it at a loss to prevent disruptions in logistics transport in Daegu and Gyeongbuk and to alleviate citizen inconvenience. Additionally, efforts have included crew talent-sharing events visiting senior welfare centers, supporting the creation of playgrounds at elementary schools in Daegu through school play environment improvement projects, and providing educational expenses and family travel support for foster families in Daegu, demonstrating growth in harmony with local residents.

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