Paramount plans to fly abroad in 2 yrs

The country's only full business class airline, Paramount Airways, is seriously evaluating plans to launch international services intwo years and has begun talks with aircraft manufacturers to acquire long-range aircraft.

The Coimbatore-based airline had also held discussions with several major international airport operators who were trying to woo the carrier to begin operations from their respective airports.
"We will fly international...but at the right time. We are weighing all options," Paramount Airways Managing Director M Thiagarajan told PTI here, but refused to divulge any further details about the company's plans to fly abroad.

According to its current plans, Paramount plans to launch international services by 2010-11 by when it would have met the legal requirement of having a fleet size of 20 aircraft and five years of flying domestic.Asked which foreign sectors would it prefer to launch operations, he said the airline was studying the situation, but the major markets like the US, Europe, Middle East and Southeast Asia would be covered.

He said talks were also on with major aircraft manufacturers, Boeing and Airbus, for acquisition of long-range planes. Several international airport operators also held discussion with the airline, he said without identifying them.

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