Supreme Airlines was established by Captain Ammeet K. Agarwal, in collaboration with Milind Mahajan, under the established banner of Supreme Transport Organisation Pvt Ltd, dating back to 1983. The airline, launched on October 4, 2016, sought to improve connectivity between Tier 2 and Tier 3 cities across India, thereby fostering economic development and making air travel more accessible.

Based in Mumbai, the airline commenced with a fleet of 5 aircraft and quickly expanded to serve 27 cities. Despite achieving several operational milestones, including conducting over 4,167 flights and serving more than 20,625 passengers, Supreme Airlines faced numerous challenges. Internal family disputes and political controversies, especially in Madhya Pradesh, impeded its operations, leading to the cessation of services in August 2018. The airline’s ambitious expansion plans, which included increasing the fleet size to 30 Cessna Grand Caravans and extending services to over 150 cities across 16 states, were left unfulfilled.