The Chennai-based Paramount Airways is looking to spread its wings abroad. It is also starting operations to the North Eastern states starting Monday with Kolkata as its hub.
“We have a national licence and do not intend to remain a regional carrier,” said M Thiagarajan, managing director, Paramount Airways.
“We will operate our Embraer 170s on these routes. There is a lot of potential on these sectors as people from both sides come in for business, and wellness tourism.”
Speaking about the airline’s plans to start international operations he said, “We are actively looking at international operations. We would like to connect to the United States, Far East and Europe in a phased manner.”
Paramount Airways started domestic operations in October 2005 and will be eligible for international operations next year as per the government rules.
The airline, Thiagarajan said, is in “advance stages of talks” with aircraft makers Boeing and Airbus for the right variety of aircraft for its international operations. “We are evaluating all options.”
He said Paramount would have a fleet of 20 aircraft by the next calendar year and plans to recruit about 1,000 people including pilots, cabin crew and ground staff to manage its expanding business. “The economic slide has not affected us at all. We have the right capacity and are ruthless in cost management,” Thiagrajan added.