Monday, November 01, 2010

Paramount Air may soon take to the skies, again

New Delhi: Chennai-based Paramount Airways could soon take to the skies again.
The Aircraft Acquisition Committee of the Ministry of Civil Aviation is likely to take up the airline's proposal to import 13 aircraft at its next meeting scheduled for the first fortnight of November.
Sources told Business Line that the airline plans to import five Airbus A-320 and eight Bombardier Q400 aircraft.
“The aircraft in the Paramount colours are ready. Once the Acquisition Committee nod comes, the aircraft will be flown in,” sources said. The airline plans to induct the aircraft in a phased manner so as to scale up its fleet to 13 aircraft by February-March next year.
Recently, the Madras High Court stayed a DGCA order suspending the scheduled operators' licence of the airline. Earlier, Paramount operated Embraer aircraft but the operations were suspended after the aircraft were taken back following a dispute.
Paramount's scheduled operator licence was suspended due to the downgrading of requirements of a scheduled airline as it did not have the required number of aircraft in its fleet.
31/10/10 Ashwini Phadnis/Business Line
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