Summer travel boom: La Compagnie CEO talks European demand

The Transportation Security Administration (TSA) expects a significant travel boom this summer as the 2024 Paris Olympic Games are just on the horizon, a catalyst for international travel this season.

La Compagnie CEO Christian Vernet — a Paris-based boutique airline — sits down with Brad Smith in-studio to talk about business and leisure travel drivers, aircraft manufacturing headwinds, and price pressures for the operator's airfare costs.

"For [the] time being, we only have two airplanes flying to, from New York to Paris, Nice, and Milan. And we are currently these days working at securing a third airplane and more to come after that from 2026... but that's the dynamic of the aircraft manufacturing industry, which is a bit at difficulty at this time," Vernet explains. "But we want to add more capacity because what we offer to the public is very highly demanded, and... we do offer a very specific, welcoming environment for passengers. And they do like it very much, so demand is picking up and our goal is to serve that as best as we can for the years to come."

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This post was written by Luke Carberry Mogan.

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