| |||||||
Founded | 8 July 1986 | ||||||
---|---|---|---|---|---|---|---|
Commenced operations | 1 May 1987 | ||||||
Ceased operations | 14 November 1989 | ||||||
Operating bases | |||||||
Fleet size | 5 | ||||||
Headquarters | Bristol Airport, Bristol, United Kingdom | ||||||
Key people | John Ferriday (CEO) |
Paramount Airways Limited was a British inclusive-tour charter airline based at Bristol Airport. It operated flights from Bristol, Belfast and Birmingham to Mediterranean destinations. [1] The airline entered receivership on 14 November 1989. It also operated Cessna Citation executive jets as Paramount Executive.
Paramount ordered two new McDonnell Douglas MD-83s, with the first one delivered on 24 April 1987 to allow operations to start on 1 May 1987. [2] During the European winter, the airline operated charter flights from Gatwick Airport to Goa. [1] The airline acquired two more MD-83s for the 1988 charter season. [3]
In 1989, the company entered administration with debts of £11 million, it was also under examination by the Serious Fraud Office over the loss of £13.5 million by the Eagle Trust which it had close links and shared a chairman. [4] [5]
Paramount Airways operated the following aircraft: [6]
Aircraft | Total | Introduced | Retired | Notes |
---|---|---|---|---|
Boeing 727-100 | 1 | 1989 | 1989 | Leased from American Trans Air |
Boeing 737-200 | 2 | 1988 | 1989 | |
Boeing 737-300 | 1 | 1989 | 1989 | |
McDonnell Douglas MD-83 | 4 | 1987 | 1989 | |
Cessna Citation II | 1 | 1987 | 1989 | Operated as Paramount Executive |
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