Really Cool Airlines, CEO, Patee Sarasin at the CAPA Airline Leader Summit Asia 2024
Really Cool Airlines, CEO, Patee Sarasin spoke to CAPA TV at the CAPA Airline Leader Summit 2024, in Hong Kong, about latest industry trends and company developments.
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Transcript
Patee Sarasin:Well, it's been very slow with regards to the launch, obviously because the supply chain has been in terrible mode. The planes are expensive, hard to find, and I've never seen anything like this before. However, though, instead of us actually to thinking of leasing aircraft from just the lessors now, which is actually way inflated. Actually, we're going to be working with our partners in Thailand, the Thai Airways guys, to actually lease aircraft from them while they're in the midst of change as well. They're changing the aircraft as well. So by doing that, we actually get a much better price. And also they are able to do the MROs, you know, the components, so forth. They know the engines, they know the engine, the aircraft very well. So we don't have to worry so much as a starting point, starting an airline, right? Which you want the least worry as possible. We are trying to get it all done, hopefully by first or second quarter next year, 2025, to get it all settled. At the moment, we're still working on it now. So we're going to start with 2 aircraft first. Always the magic 2, right? Nok Air was 2 as well. So this is going to be 2. but it's a widebody, so it's a lot more different. But then the Thai Airways, they have 5 aircraft, so we don't need to work on the different type of sister ships, right? We have the same sister ship, 5 of them available as we go forward. So we'll see how the demand is and how we utilise on the increase of the capacity as we increase the number of aircraft that's available. Right. The target market is actually all the cool people. Of all kinds of ages, right? You can be 60 cool people and you can be 12 cool people too. They just have a different type of coolness and how they perceive cool, the word cool. So we have to design in specific market whereby we're going to see how it's going to be transcended to different markets at different times. What we want to get away was the apples into apples, right? Apples and oranges, you create something different. In the world, when I try to design Super Cool seats as business class, and Cool seats as economy, and Really Not So Cool when it's not so good, you know, at the back end, we have a specific design. Why we have Super Cool and Cool? Because you never know what you're going to get in the end. You know what you're going to get in business class, but you don't know what you're going to get in Super Cool besides just the seats that are business class, right? So it's going to be a little bit more different and a little bit more experience-driven than just the bus in the sky.
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