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PARAMOUNT AIRWAYS FLIGHTS GET APPROVAL

Paramount Airways receives aviation ministry nod for take-off

 

BY OUR AVIATION CORRESPONDENT

25 July, 2005: Paramount Airways, a new airline promoted by Madurai-based textile major Paramount, has received regulatory approval to begin operations in India. The airline, which intends to fly its first service in August, has also received permission to park its aircraft at the Coimbatore airport.

A high-powered committee of the Ministry of Civil Aviation has granted a No Objection Certificate (NOC) to Paramount Airways to begin regular flights and the airlines intends to commence point-to-point flights between secondary towns and metros in the country.

The airline is planning to operate two Embraer 170 and three 175 aircraft in the country and will provide an all-business class service on the first two Embraer 170 aircraft and first class and business class on the next three Embraer 175 aircraft.

The Embraer E-jet family is expected to provide business class comfort at lower operating costs.

Initially, six flights per day carrying close to 400 passengers with an average flight timing of two hours have been envisaged for the airline. The carrier intends to usher in air-connectivity between Tier II cities across the country with an aggressive pricing policy.

Paramount will be releasing its ticket fares along with scheduled routes shortly, which is expected to on par with that of the low-budget carriers.

The carrier intends to operate 30 flights carrying not less than 2,500 passengers a day.

The airline has set up its headquarters in Coimbatore airport and has its own hangar and aircraft maintenance facilities at the city’s airport.

BY OUR AVIATION CORRESPONDENT

 

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