Paramount group service facility for small jets in Chennai

Mumbai: Chennai will have an exclusive maintenance and repair shop for all small passenger and private planes by next year.
The Madurai-based Paramount business group, promoter of premium airline Paramount Airways Pvt. Ltd, plans a maintenance, repair and overhaul (MRO) facility for regional jets at the Chennai airport, initially investing $50 million, or a little less than Rs200 crore.
The repair facility will handle regional planes of all makes as well as business jets.
Regional jets are small planes designed to fly 35-100 passengers on short-haul routes. Such jets include Embraer (manufactured by Embraer SA of Brazil), Bombardier CRJs (Bombardier Inc.), ATR (Avions de Transport Regional of France), and Sukhoi Superjet 100 (Sukhoi Aviation Holding Co. of Russia).
Demand for such planes is expected to soar in the coming years as the government encourages the setting up of regional airlines to fly short-haul routes connecting smaller Indian cities with larger metros.
“This facility will be handling all types of regional planes such as Embraers and Bombardiers. Necessary space was allotted by the airport authorities for the MRO, that is expected to be operational by third quarter of 2008,” said M. Thiagarajan, managing director of Paramount Airways.
03/12/07 P.R. Sanjai/Livemint

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Categories: Airports Dec 2007, New Dec 2007, Paramount Airways Dec 2007