History of La Compagnie in Timeline

La Compagnie (DreamJet SAS) is a French boutique airline founded by Frantz Yvelin, operating from Orly Airport in Paris. It distinguishes itself by providing all-business class flights connecting Europe and Newark Liberty International Airport.

2013: La Compagnie founded as DreamJet

In 2013, La Compagnie was founded as DreamJet by French airline entrepreneur Frantz Yvelin, aiming to create an all-business class airline with a low-cost structure. He was supported by Peter Luethi, Yann Poudoulec, and others.

April 2015: Launch of London Luton to Newark route

In April 2015, La Compagnie launched its second scheduled route from London Luton Airport to Newark Liberty International Airport.

April 2016: Consideration of fleet renewal with Airbus A321neo

In April 2016, La Compagnie announced that it was considering fleet renewal and expansion with Airbus A321neo aircraft.

September 2016: Suspension of London Luton to Newark route

In September 2016, La Compagnie announced the suspension of its London Luton to Newark route due to economic reasons linked to Brexit, intending to launch a second daily frequency between Paris Charles de Gaulle and Newark instead.

December 2016: Acquisition of XL Group Ltd.

In December 2016, La Compagnie's sole holding, DreamJet Participations, acquired 100% of XL Group Ltd., the holding company of XL Airways France, to join forces.

2016: Frantz Yvelin's CEO tenure ends

At the end of 2016, Frantz Yvelin's four-year tenure as CEO of La Compagnie came to an end.

September 2017: Order confirmed for two Airbus A321neos and launch of all-you-can-fly pass

In September 2017, La Compagnie confirmed its order for two Airbus A321neo aircraft and announced that it was offering all-you-can-fly passes for its Newark to Paris route, costing $40,000 per year.

April 2018: Relocation of Paris operations to Orly Airport

In April 2018, La Compagnie relocated its Paris operations from Charles de Gaulle Airport to Orly Airport.

September 2018: Transaction completed with XL Group Ltd.

On September 12, 2018, the transaction between La Compagnie and XL Group Ltd. was completed.

December 2018: Announcement of new seasonal service to Nice Côte d'Azur Airport

On December 5, 2018, La Compagnie announced a new seasonal service to Nice Côte d'Azur Airport from Newark, scheduled to begin on May 6, 2019.

May 2019: Delivery of first Airbus A321neo

In May 2019, La Compagnie took delivery of its first Airbus A321neo aircraft.

September 2019: Delivery of second Airbus A321neo

In September 2019, La Compagnie took delivery of its second Airbus A321neo.

October 2019: Retirement of Boeing 757 aircraft

By the end of October 2019, La Compagnie retired both of its Boeing 757 aircraft.

March 2020: Suspension of commercial operations due to COVID-19

In March 2020, La Compagnie announced it would suspend its commercial operations as of the 18th of that month due to the COVID-19 pandemic.

June 2020: Postponement of resumption of commercial operations

In June 2020, the initially expected resumption of commercial operations on June 1, 2020 was postponed several times due to the ongoing COVID-19 pandemic.

December 2020: Limited flights during holiday season

In December 2020, La Compagnie operated a limited number of flights for the holiday season, amidst ongoing suspensions due to the COVID-19 pandemic.

June 2021: Resumption of regular commercial flights

On June 12, 2021, La Compagnie resumed its regular commercial flights after fifteen months of suspensions.

July 2021: Consideration of Airbus A321XLR operation

In July 2021, La Compagnie was reported to be considering the operation of Airbus A321XLR aircraft.

November 2021: Postponement of Newark to Milan flights

On 29 November 2021, the start of flights between Newark and Milan Malpensa was delayed to summer 2022.

December 2021: Partnership with AfriJet and launch of Paris Orly to Libreville flights

On December 9, 2021, AfriJet announced it had partnered with La Compagnie to launch seasonal flights between Paris Orly and Libreville's Léon-Mba International Airport from December 16, 2021, in place of La Compagnie's services to Tel Aviv.

2022: Postponement of Newark to Milan flights

In 2022, flights between Newark and Milan Malpensa were delayed to summer 2022.

February 2023: Reporting first profit and plans to add Airbus A321LR aircraft

In February 2023, La Compagnie reported that it recorded its first profit in 2022, consisting of 1 million euros, and additionally announced that it planned to add two Airbus A321LR aircraft to its fleet, for delivery in 2024 and 2025.