| Airline: | Premier Airways Limited |
| Founded: | 2005 |
| Headquarters: | Chennai, Tamil Nadu |
| Key People: | Umapathy Pinaghapani, CMD |
Premier Airways Limited was created to promote as a low cost high quality airline project[1] based in Chennai, Tamil Nadu, India. It had proposed to launch low cost regional scheduled services,[2] for which it received a No Objection Certificate (NOC) from the Ministry of Civil Aviation in July 2014.[3]
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,[4] 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.[5] 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 [1]