La Compagnie, legally incorporated as DreamJet SAS, is a French boutique airline founded by Frantz Yvelin and based at Orly Airport in Paris, with headquarters in Le Bourget in the Paris metropolitan area. It offers all-business class flights between Europe and Newark Liberty International Airport. History La Compagnie was founded as DreamJet in 2013. It was created and run by French Airline Entrepreneur Frantz Yvelin, with the support of Peter Luethi, Yann Poudoulec, Francois Ledreux, Nicolas Jurczyk, and Pierre-Hugues Schmit among a few others, in the hopes of making an all-business class airline with a true low-cost structure, offering business class fares significantly cheaper than those of legacy carriers. Frantz Yvelin served as the airline's CEO for its first four years, until the end of 2016. Prior to La Compagnie, Frantz Yvelin was also the founder of L'Avion, which was sold to British Airways and later became OpenSkies. Yvelin's deputy was Peter Luethi, the former COO of Indian airline Jet Airways. The first scheduled revenue flight, already under the new name La Compagnie (English: The Company), operated from Charles de Gaulle Airport to Newark Liberty International Airport on 21 July 2014 using a Boeing 757-200. On 24 April 2015, the airline started a second scheduled route from London Luton Airport to Newark. In April 2016, Frantz Yvelin announced La Compagnie was considering a fleet renewal and expansion with Airbus A321neo aircraft, which it had later confirmed with an order for two Airbus A321neos in September 2017. In September 2016, the airline announced the suspension of its route from London Luton to Newark and its intention to instead launch a second daily frequency between Paris Charles de Gaulle and Newark, citing economic reasons linked to Brexit. In December 2016, La Compagnie's sole holding, DreamJet Participations, which was also founded and run by Frantz Yvelin, acquired 100% of XL Group Ltd., the holding company of XL Airways France, and the two airlines joined forces with the transaction completed by 12 September 2018. In September 2017, the airline announced that it was offering all-you-can-fly passes for its Newark to Paris route, costing $40,000 per year. In April 2018, La Compagnie relocated its Paris operations from Charles de Gaulle Airport to Orly Airport. On 5 December 2018, the airline announced a new seasonal service to Nice Côte d'Azur Airport from Newark to begin on 6 May 2019. Also in May 2019, the airline took