T’way Air turns to unpaid leave as fuel costs spike from Middle East crisis

Low-cost carrier T’way Air is offering voluntary unpaid leave for its cabin crew as financial pressures mount amid a surge in the won-dollar exchange rate and soaring fuel prices triggered by the U.S.-Iran conflict. The carrier recently notified its cabin crew that it would accept applications for unpaid leave, marking its first such move since August 2024. It said the measure aims to ease fatigue among the crew and balance workloads following recent adjustments in flight schedules. The carrier, hit by the fallout from the Middle East crisis, became the first Korean airline to enter emergency management mode on March 16, signaling that it will implement additional measures in stages if necessary. T’way Air has been facing growing liquidity pressure with inflated expenses and declining passenger demand, on top of operating losses for two consecutive years last year. “The temporary leave is designed to offer greater flexibility in working conditions for cabin crew, and will be available for a limited period only to those who choose to participate,” the company’s official said. Wit

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