An actual Cobra Commander ! Add a few Vipers (non-Neo), keep away from ray guns and mecha suit slapstick, and I'm sold.

Lots of great stuff in this trailer. Jinx ! Woot ! And Cobra raises a flag.

I don't think those are Cobra Rattlers, though. They appear to be GIJoe transport planes. Maybe the shape is intended as a callback to the Rattler.