British Airways agreed to purchase all-premium carrier L'Avion

for £54 million (US$107.7 million). It plans to integrate the French carrier--which operates between Newark and Paris Orly--into its OpenSkies subsidiary. BA expects the deal to close "this month," which would effectively end a short era of independent, all-premium transatlantic service providers following the failures of Eos Airlines, MaxJet Airways and Silverjet.