25th Jul 2008 13:32
RNS Number : 9177Z
British Airways PLC
25 July 2008
PURCHASE OF L'AVION COMPLETED
British Airways has today (Friday 25 July) completed its purchase of French airline L'Avion.
L'Avion will operate as a subsidiary of British Airways and will become fully integrated with OpenSkies by early 2009.
Ends
25 July 2008 091/CW/2008
Notes to editors
British Airways purchased L'Avion at a cost of £54 million (Euro 68 million) inclusive of £26 million of cash in its business.
OpenSkies launched services on June 19 this year with daily flights from Paris Orly to New York JFK.
L'Avion currently operates two daily flights between Paris Orly and Newark.
This information is provided by RNS
The company news service from the London Stock Exchange
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