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Premier Airways Limited was created to promote as a low cost high quality airline project based in Chennai, Tamil Nadu, India. It had proposed to launch low cost regional scheduled services, for which it received a No Objection Certificate (NOC) from the Ministry of Civil Aviation in July 2014.

The Public Limited company was founded in August 2005 by a group of Non Resident Indian (NRI) entrepreneurs.

Premier Airways Ltd, is promoted by US-based Umapathy Pinaghapani, and was to be a low-cost carrier similar to Southwest Airlines and Indigo. The airline planned to purchase 40 Airbus A320 NEO aircraft worth $4.3 billion and aims to start in the last quarter of 2015 or the first quarter of 2016 with leased aircraft. The NOC has since expired before the airline could start operations. However despite all the challenges caused by vested corporate rivalries, Premier Airways is poised to revive in 2025

References

1. ^ "Premier Airways".
2. "CAPA profile on Zav Airways". CAPA. Retrieved 24 August 2014.
3. "Indian start-up, Zav Airways, secures NOC". ch-aviation. 22 July 2014. Retrieved 24 August 2014.
4. "Two airline start-ups plan to launch in summer 2015". Live Mint. 26 November 2014. Retrieved 16 June 2015.
5. "Premier Airways in talks with Airbus to buy 40 A320 NEOs for $4.3 billion". The Economic Times. 26 November 2014. Retrieved 18 June 2015.

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