My Account Menu

CAPA Login

Register to trial CAPA Membership!

Indian DGCA suspends Paramount Airways license

21-Apr-2010 10:32 AM

Indian Directorate of Civil Aviation (DGCA) suspended Paramount Airways' operating license due to an insufficient number of aircraft in operation, following the deregistration of aircraft in a leasing dispute with GECAS and ECC Leasing  (Emirates Business 24/7, 21-Apr-2010). The airline denied the suspension. Managing Director, M Thiagarajan, stated the carrier plans to acquire six aircraft within the next two months (Express Buzz, 20-Apr-2010).

Paramount Airways:
"We will acquire six more aircraft within the next two months. Two Embraers and four Airbus will be part of the fleet soon. Earlier, we made a mistake of being over-dependent on one leasing company,” M Thiagarajan, Managing Director. Source: Express Buzz, 20-Apr-2010.