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All-business L’Avion vows to keep on flying

6 June 2008

In recent months, three all-business class trans-Atlantic carriers have quit flying, leaving just one in the air.

But the head of L’Avion, the last of the high-end airlines still operating, said he doesn’t believe his small company is likely to go the way of similarly ambitious startups MAXjet Airways Inc. and Eos Airlines Inc. and Silverjet PLC.

L’Avion has been able to pass along much of its increased costs to passengers, and has managed to fill 70 to 80 percent of its seats. It also has benefited from a strong euro, which has taken some of the sting out of dollar-denominated fuel and made it easier to hedge some energy costs.

source: BW

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