Paramount Airways eyes tieups with global airlines

Talks on with Singapore Airlines, others

BY A CORRESPONDENT
February 13, 2006

Paramount Airways is negotiating with Singapore Airlines and other international airlines to work out the possibility of tie-ups that will allow the transport of their international passengers over Indian airspace, Business Standard newspaper reported.

The managing director of Paramount Airways, M Thiagarajan was quoted as saying that the talks are expected to produce concrete collaborations by the end of this month. According to the report, the talks have been generated as a result of the team of managerial staff the airlines recruited from Singapore Airlines, as well as the acquisition of a second Embraer aircraft that would enable the airlines to operate 24 flights a day.

Thiagarajan also said that Paramount Airways is currently looking to build its hangar in Chennai, where it has seven parking slots. Plans are on to operate flights from five major South Indian cities - Chennai, Bangalore, Hyderabad, Coimbatore and Cochin. Paramount already has three parking slots in Coimbatore, where it was based earlier. Plans are also on to continue its New Delhi-Chennai-New Delhi flights.

Paramount Airways has entered into several domestic arrangements already, as a result of the heavy load it faces in terms of air traffic. It shares support systems in New Delhi with SpiceJet, and also has an understanding with Air India that allows it access to Air India's infrastructure as and when required.