Paramount Airways Limited
British charter airline
From Wikipedia, the free encyclopedia
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.
History
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]
Fleet
Paramount Airways operated the following aircraft:[citation needed]
| 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 |
