BA buys L’Avion
British Airways is to buy French airline L’Avion for £54 million.
The Paris-based carrier was privately owned and operates two Boeing 757 aircraft between Paris Orly and Newark airport in New York.
After the deal which buys BA the business and £26m of the business’ cash, is completed later this month, L’Avion will become a BA subsidiary and will be integrated into OpenSkies, BA’s new EU-US airline which began operations on June 19 with daily flights from Paris Orly to New York JFK operated with a L’Avion codeshare.
The airline will then operate up to three daily flights between Paris Orly and New York JFK/Newark airports on three Boeing 757 aircraft.
BA’s chief executive Willie Walsh said: “L’Avion is a successful airline that has built up a premium business between Orly and New York in a relatively short period of time. It has many synergies with OpenSkies and buying it provides OpenSkies with a larger schedule and an established customer base in the Paris-New York market.â€
By Dinah Hatch
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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