37.8 C
Bangkok
Friday, May 3, 2024

Really Cool Airlines aiming to diversify risk

Searching for listing opportunities abroad

Really Cool Airlines obtained an air operating licence from the Civil Aviation Authority of Thailand in July of this year.

Really Cool Airlines wants to diversify risks by securing non-air ticket revenue of at least 40% of total revenue, while it searches for long-term fundraising via an initial public offering (IPO) in an overseas stock market.

Patee Sarasin, chief executive of Really Cool Airlines, said the airline has already secured an investment budget of 1 billion baht for operations with four leased aircraft in 2023,…

Read more…

Latest Articles