La Compagnie gets its first A321neo as Brexit brings business to Paris

F-HBUZ prior to delivery at Finkenwerder

Paris Orly based business class only airline La Compagnie, has taken delivery of the first of a pair of A321neo’s, F-HBUZ.

The aircraft are fitted out with 72 business class seats and during this year will replace the 757-200’s the airline has operated since its inception.

A321neo F-HBUZ

La Compagnie did try to operate out of London Luton but the operation was short lived.

It’s Paris Orly-New York Newark service will be supplemented by a summer service from Nice in the south of France to Newark, during June-September.

The airline pitted itself against the British Airways owned all business class service from Paris, Openskies, but that was wound up last September (2018) as the staff and crews were transferred to Level by IAG. The irony was that Openskies was created from airline L’Avion, sold by La Compagnie founder Frantz Yvelin to British Airways.

752 F-HTAG

It effectively left La Compagnie on its own in the all business market, which by any reasoning is relatively limited.

The airline tries to adopt all of the best practices of low cost carriers without compromising a business service. It seems to be working.

La Compagnie is owned by Dreamjet Participations, in turn now in effect part of XL Group owned by Frantz Yvelin’s holding company, which owns XL Airways France, so it has a stronger financial base.

752 F-HCIE

With the self destructive Brexit process still not resolved, many financial institutions have moved staff and operations to Paris, giving La Compagnie an unexpected boost.

So much so, that it began offering in late 2018 an “as often as you want” annual season pass with guaranteed seating, giving unlimited flights for US$40,000 a year. Take up is said to have been considerably above expectations.