Double Blow from High Exchange Rate and Oil Prices Due to Iran Conflict

"Aimed at Improving Working Conditions and Easing Workload"

T'way Air is accepting applications for temporary unpaid leave from its cabin crew. This move is seen as a preemptive measure in response to both domestic and international challenges, such as the continued rise in the won-dollar exchange rate due to the Middle East conflict and persistently high oil prices.


T'way Air passenger aircraft. T'way Air

T'way Air passenger aircraft. T'way Air

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According to the airline industry on April 13, T'way Air is currently accepting applications for unpaid leave from all cabin crew members for the months of May and June. This is the first time in one year and eight months that T'way Air has implemented unpaid leave since August 2024.


T'way Air has recorded operating losses for two consecutive years from 2024 to last year. Industry analysts suggest that, as the company faces the dual pressures of a high exchange rate and high oil prices while still in deficit, the management crisis has deepened to the point that T'way Air has declared emergency management.



A T'way Air representative explained, "This decision was made to provide more flexible support for cabin crew working conditions in line with recent adjustments to our operating scale," adding, "The intention is to temporarily ease work burdens and enhance operational stability."


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

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