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Unfortunately, in 2010, Paramount Airways ceased flying operations. Paramount Airways was an airline based in Chennai, India and operated scheduled services targeting business travellers until it ceased operations in 2010. Paramount Airways used Chennai International Airport as its hub airport. Paramount Airways mainly provided services to South India and extended services into eastern India, serving cities such as Kolkata, Guwahati and Agartala.
The Paramount Airways fleet consisted of Embraer E170s, and was the first airline in India to operate this aircraft. On 20 junio 2009, Paramount Airways signed a MoU to buy ten Airbus A321-200 aircraft with an option for an additional ten. The agreement was concluded at the 48th Paris Air Show and was to be funded by the European Central Bank. Paramount Airways operated a frequent flyer program called Paramount Royale to reward regular passengers with the airline.
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