South Korea's T'way Air set for rebrand as Trinity Airways under new ownership

A T'way Air official told Chosun Daily: “This name change will mark the starting point for realizing substantial synergy between T'way Air and Daemyung Sono Group, now as one family. The two companies plan to launch strategic collaborations combining air routes spanning Asia, Europe, and the Americas with hotel and resort infrastructure, as well as differentiated package products beyond the domestic market."

T’way Air began operations in 2005 under the name Hansung Airlines but faced early challenges due to intense competition and financial pressures during the global financial crisis. After ceasing operations in 2009, it relaunched as T’way Air in 2010 with a focus on jet-based services targeting price-sensitive travelers.

Currently, T’way operates a fleet of 44 aircraft—mainly Boeing 737-800s—with additional orders placed for Boeing 737 MAX 8s expected for delivery through 2027. In recent years, the airline has expanded into long-haul markets using widebody aircraft such as Airbus A330-200s (leased from Korean Air), A330-300s (from Aeroflot and AirAsia X), A330-900s (on order), and Boeing 777-300ERs (also leased from Korean Air).

International expansion accelerated after regulatory concessions were granted during the merger process between Korean Air and Asiana Airlines. To address antitrust concerns related to this merger—covered here: https://simpleflying.com/korean-air-asiana-merger-eu-provisional-approval/—T’way received access to slots previously dominated by those carriers on certain European routes.

The airline now serves destinations including Barcelona, Frankfurt, Paris, Rome, Singapore, Sydney, Tashkent, Vancouver, and Zagreb with varying frequencies using both narrowbody and widebody aircraft. North American ambitions became concrete when T’way launched service to Vancouver in July; further expansions are planned for Denpasar (Bali) later this month along with increased Sydney flights during peak travel periods.

With these developments—and Daemyung Sono Group’s backing—the newly named Trinity Airways is likely to pursue additional European routes as well as entry into US markets.

“This name change will mark the starting point for realizing substantial synergy between T'way Air and Daemyung Sono Group, now as one family. The two companies plan to launch strategic collaborations combining air routes spanning Asia, Europe, and the Americas with hotel and resort infrastructure, as well as differentiated package products beyond the domestic market."