Fuel prices must be down because people are launching all business class airlines again. I blogged about London based Odyssey airlines last month. (Still unsure if they have a chance or not). At a Manhattan news conference last Tuesday, LaCompagnie was launched. The company has raised approximately $US41 million) from investors and is the brainchild of a former executive of India’s Jet Airways Peter Luethi and Frantz Yvelin, the founder of a previous all business class airline L’AVION. L’AVION operated between Orly Airport, Paris and Newark in the USA from 3 January 2007 to 2 July 2008 when it was taken over…
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Will Business Class only Odyssey survive?
In Homer’s ancient tale The Odyssey, there are a few themes. One of them is about hospitality and the other is about Perseverance. London City-based startup Odyssey Airlines is attempting a model that has failed many times, despite its predecessors offering the best in hospitality. Odyssey hopes to be a business only carrier that makes it through! Odyssey has raised five million dollars through Crowdcube, a crowdfunding platform and other funding sources. The airline plans to launch flights in 2016 from London City to an unspecified airport in New York. Once the carrier is up…
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