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SEOULT’way Air, South Korea's third-largest carrier, has signed a letter of intent to lease three Airbus A330-300 jets late next year. The airline did not reveal the lessor.

T'way Air will deploy the new A330-300s on its new medium and long-haul routes.

The move comes as part of the budget airline’s efforts to prepare for recovery after the pandemic that has caused a severe blow to the aviation industry is over.

The budget airline currently operates 27 Boeing 737-800 jets on routes to Vietnam, China, Japan, and Taiwan. But it had to suspend most of its international routes earlier this year as countries strengthened their border controls as the pandemic worsened.

With the arrival of three Airbus A330-300s next year, the airline will travel to new destinations including Singapore, Malaysia, Croatia, and Australia as it seeks to better compete with its rivals by offering a wider range of flights.

T'way Air is hopeful that the new wide-body aircraft will raise its belly cargo capacity by an additional 20 tons, giving a boost to its international cargo service.

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