Paramount Airways Limited
| |||||||
| Founded | July 8, 1986 | ||||||
|---|---|---|---|---|---|---|---|
| Commenced operations | May 1, 1987 | ||||||
| Ceased operations | November 14, 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 November 14, 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 April 24, 1987 to allow operations to start on May 1, 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:[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 |
See also
References
- ^ a b "World Airline Directory". Flight International: 102. 26 March 1988.
- ^ "News scan". Flight International: 5. 25 April 1987.
- ^ "Maraket place". Flight International: 7. 27 February 1988.
- ^ "Paramount buyout considered". Flight International: 5. 9 September 1989.
- ^ Gillian Bowditch. "Offers 'pour in for Paramount'." Times [London, England] 23 Sept. 1989: 19. The Times Digital Archive. Web. 21 Apr. 2014.
- ^ "Paramount Airways Fleet Details and History". Planespotters.net. Retrieved 12 June 2023.
External links
