New airline that's only business class

Dreamjet will begin operating flights between Paris-Charles de Gaulle and Newark, NJ in late June. Dreamjet flights will have a single cabin with 80 seats in a Business Class configuration, and the fares are expected to be lower than those of traditional airlines.

The new venture is co-led by the founder of L’Avion, an airline launched with a similar-all business class model in 2007. Purchased one year later by British Airways, L’Avion was merged into the UK brand’s OpenSkies division, which operates with a more traditional three-class configuration.

Reservations for Dreamjet’s first flights are expected to open in early June.