British Airways reached an agreement to acquire French all-business-class operator L'Avion for £54 million ($107.7 million) and will integrate the company into its new premium transatlantic subsidiary OpenSkies. The combined airline will operate up to three daily flights between Paris Orly and New York JFK and Newark using three 757s. L'Avion is the trading name for Elysair, which is privately owned by Societe de Participation Aerienne. It launched in January 2007 and said it has ...

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