La Compagnie

La Compagnie
IATA ICAO Callsign
B0 DJT DREAMJET
Founded 2013
Commenced operations July 21, 2014
Operating bases Paris-Orly
Frequent-flyer program My Compagnie
Fleet size 2
Destinations 2
Parent company Dreamjet Participations
Headquarters Le Bourget, France
Key people
  • Laurent Magnin
  • Christian Vernet
Website lacompagnie.com

La Compagnie, legally incorporated as Dreamjet, is a French airline founded by Frantz Yvelin and based at Orly Airport in Paris, with headquarters in Le Bourget in the Paris metropolitan area.[1] It offers all-business class flights from Paris to Newark Liberty International Airport.

History

La Compagnie was founded as Dreamjet, back in 2013. It was created and run by French Airline Entrepreneur Frantz Yvelin, with the support of Peter Luethi, Yann Poudoulec, Francois Ledreux, Daniel DeLoma, Nicolas Jurczyk, and Pierre-Hugues Schmit among a few others, in the hopes of making an all-business class airline with a true low-cost structure, offering business class fares way lower than those of legacy carriers.

The airline's CEO for about 4 years (since 2013) was its founder himself, Frantz Yvelin, until the very end of 2016. Prior to La Compagnie, Frantz Yvelin was also the founder of L’Avion, which was sold to British Airways and later became OpenSkies). Yvelin's deputy was Peter Luethi, the former COO of Indian airline Jet Airways.[2]

The first scheduled revenue flight, already under the new name La Compagnie ("The Airline"), operated on 21 July 2014.[3] On 24 April 2015, the airline started a second scheduled route from London Luton Airport to Newark[4] which has been discontinued later.

In 2016, Frantz Yvelin announced La Compagnie was considering a fleet renewal and expansion with Airbus A321neo aircraft.[5] In September 2016, the airline announced the suspension of its route from London-Luton to New York-Newark and its intention to launch a second daily Paris-Charles de Gaulle to Newark service, citing economic reasons linked to Brexit.[6] In December 2016, La Compagnie's sole holding, Dreamjet Participations, which was also founded and run by Frantz Yvelin, acquired 100% of French leisure carrier XL Airways and the two airlines joined forces.

In September 2017 it announced that it was offering all-you-can-fly passes for its Newark to Paris route, costing $40,000 per year.[7]

In April 2018, La Compangie discontinued service to Paris-Charles de Gaulle, replacing it with Paris-Orly.

Service

The airline's Boeing 757 aircraft are equipped with an all-business class cabin with 74 seats that convert to angled flat beds.[8] Food is served in a two-course meal. Inflight entertainment is provided on tablet devices. La Compagnie uses contracted lounges for its passengers.

Destinations

As of April 2018, La Compagnie serves just one route:[9]

France
United States

Fleet

As of August 2017, the La Compagnie fleet consists of the following aircraft:[10]

La Compagnie Fleet
Aircraft In Service Orders Passengers Notes
C Total
Airbus A321neo 2 TBA to replace Boeing 757-200s in 2019[11]
Boeing 757-200 2 74 74 to be phased-out by 2019[12]
Total 2 2

References

Media related to La Compagnie at Wikimedia Commons

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