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France's La Compagnie expands to Israel, Italy
21.06.2021 - 17:54 UTCLa Compagnie (B0, Paris Orly) has announced it will expand its network of flights to now include services from Milan Malpensa, Italy and Tel Aviv Ben Gurion, Israel.
The French all-premium carrier resumed scheduled flights on June 12 on only its core return route - from Paris Orly to New York Newark. For now, it operates it 2x weekly but will gradually increase the frequency to daily as of September. It will resume its other French service, from Nice, on July 2. Historically, La Compagnie's network has been limited to these two routes, but now it plans to add services from Tel Aviv starting on July 21 albeit initially scheduled as a seasonal route through October 30, 2021.
"Over the past several weeks, we see have seen an increasing demand for flights to Israel out of the United States. Our 100% Smart Business Class product is the perfect fit for this high-end clientele," President Christian Vernet said.
Flights from Tel Aviv will operate 3x weekly via Paris Orly where...
France's La Compagnie secures state, shareholder financing
14.05.2021 - 09:57 UTCLa Compagnie (B0, Paris Orly) has announced it has secured an additional EUR10 million euro (US12.1 million) in state-backed loans, in addition to an undisclosed "significant" capital injection from its shareholders.
"Obtaining this second state-guaranteed loan is evidence that La Compagnie is recovering. We never stopped reinventing ourselves during this past year in order to face the crisis and we have even found new angles and short-term opportunities to guarantee La Compagnie's longevity. We are now in the home stretch of our recovery preparations," said Chairman Christian Vernet.
The all-business-class specialist said that it hoped to restart services from Paris Orly to New York Newark in June 2021, and from Nice in July 2021, although a final timeline will depend on further regulatory decisions regarding border restrictions.
Italian aviation media reported earlier that the carrier was also mulling services from Milan Malpensa to New York. However, La Compagnie has since told ch-aviation that it had not taken any decisions in that regard yet.
La Compagnie has been dormant in...
France's La Compagnie to briefly resume ops in 4Q20
04.12.2020 - 06:32 UTCLa Compagnie (B0, Paris Orly) will briefly restart scheduled operations in late 2020 to operate three return services between Paris Orly and New York Newark during the holiday high season.
The carrier said it would operate flights on December 19-20, 26-27, and January 2-3, 2021. Services will only be available for eligible passengers. Leisure passengers are prohibited from travelling between the US and France on both sides.
The French business-class-only scheduled operator has been dormant in terms of scheduled operations since March 18, 2020, when its transatlantic flights were halted due to the COVID-related border restrictions. The airline exclusively operates between France (Orly and seasonally Nice) and Newark. With US borders closed to travellers from Europe and vice versa, it was cut off from its only market.
La Compagnie used its two A321-200NX(LR)s for a highly limited number of charter operations in September and October 2020. The airline has yet to announce a date for the resumption of regular scheduled services.
Icelandair offering takes off as loan facility finalised
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