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T’way Air Aims High as Country’s 3rd National Flag Carrier after KAL, Asiana
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T'way Air CEO Yoon Duk-young

Hansung Airlines, which went under in the financial crisis in late 2008 after collapse of Lehman Brothers, resumes flights this week under a new name, T'way Air.

In a press conference held on Sept. 13,at Westin Chosun Hotel in downtown Seoul, T'way Air CEO Yoon Duk-young said it will operate two B737-800 airplanes between Gimpo and Jeju as soon as it gains the green light from the Ministry of Land, Transport and Maritime Affairs scheduled for Sept. 16.

Flights between Gimpo and Jeju resumed on Sept. 17 to transport seasonal local air passenger traffic during three day Chusok holidays which starts on Sept.21.

CEO Yoon Duk-young expressed hope that it will operate two B737-800 airplanes between Gimpo and Jeju as soon as it receives an Air Operator's Certificate (AOC) from the Ministry of Land, Transport and Maritime Affairs.

`The letter "T" stands for tomorrow, today and together, meaning we will serve passengers at all times in close cooperation with them. We will first operate two airplanes between Gimpo and Jeju, the most popular domestic route,"Yoon said, adding the company will bring in 10 more airplanes by 2012 to launch international routes to cites in Japan and China.
T'way Air CEO Yoon Duk-young(third from right) poses for camera with Kim Kyong-hae(second from right) ,Gerhard Schmidt(third from left), general manager of Westin Chosun and Cho Jung-haeng(second from left).

The CEO said T'way Air will become the most profitable and efficient budget carrier in the country by providing state-of-the-art, innovative services to passengers at the most reasonable price. ``Many Chinese will come to Korea on the easing of visa rules. We expect our Gimpo-Jeju route will be profitable and become a stepping stone for our comeback."

As part of its efforts to promote its launching of the Gimpo-Jeju route, the company will offer free round-trip tickets to all passengers on the first day of operation. From Sept. 27 to 30, it will only charge round-trip passengers one-way fares.

T'way Airlines was established in 2004 of Hansung Airlines, to serve as the regional low-cost airline of Chonju of South Korea. The airline is a collaboration between the city government of Cheongju and the University of Chungcheong. Hansung Airlines ordered 1 ATR 72-200 in August, 2004 and was cleared to operate in August 2005. Its maiden flight was on August 31, 2005 from Cheongju to Jeju International Airport.

As the country's first low-cost airline, it drew much attention from the public as it was cheaper than the other major domestic airlines, Korean Air and Asiana Airlines, and its popularity rose sharply. This spurred the establishment of another low-cost airline, Jeju Air.

On August 8, 2010, the Hansung Airlines announced that they will rename their company to T'way Airlines and buy Boeing 737-800.

Full-service PR consulting group, Communications Korea led by Kim Kyong-Hae, CEO & president (www.commkorea.com) has recently been named as PR agent for T'way Air.

For details or inquires please contact at 82-2-511-8586 or Email: wy@commkorea.com



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