Budget airlines set for struggle amid fierce competitionAircraft operated by local low-cost carriers Thai AirAsia and Thai Lion Air are parked at Don Mueang airport in Bangkok. Mr Patee said two Airbus A330-300 planes will be used in the first quarter, targeting a utilisation rate of 13 hours per day for each aircraft. He said Really Cool's products and services stand apart from low-cost carriers as competition in this segment is not feasible for a new airline. Existing players could pursue a price dumping strategy to cripple newcomers, relying on their more extensive networks, said Mr Patee. Mr Patee says the new airline plans to fly two Airbus A330-300 aircrafts in the first quarter.

Source: Bangkok Post October 19, 2023 19:16 UTC