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PARAMOUNT AIRWAYS NEWS

CBI registers case against Paramount Airlines promoter

May 06, 2016 2:52 am

The company had submitted a plan to re-start the operation with six ATR aircraft in 2013 but the banks wrote to the DGCA asking it to stop the operations of Paramount airlines until the company paid its dues.

Revenue dips as airlines pull out

June 17, 2012 4:46 am

When Kingfisher Airlines pulled back its operations two months ago from Sardar Vallabhbhai Patel International Airport,Ahmedabad (SVPIA),it became the sixth airline to do so over the past six years.

Banks ask Oriental to pay Rs 400 cr on Paramount default

October 08, 2010 12:29 am

The state-owned Oriental Insurance has been saddled with claims of Rs 400 crore from five banks,namely,State Bank of India,Bank of India,Indian Bank,Andhra Bank and IDBI Bank. The banks are looking to recover the money paid to the oil companies on behalf of Paramount Airways. Confirming the development,a senior executive at Oriental Insurance said: We have received the claim on account of Paramount Airways and our surveyor is conducting the due diligence.

Flight carrying Chidambaram delayed due to technical problem

January 30, 2010 10:06 am

A Madurai-bound Paramount Airways flight carrying Union Home Minister P Chidambaram and other passengers was delayed this morning due to a technical problem.

Paramount places $1.5-billion order for 10 Airbus planes

June 20, 2009 1:59 am

Aiming at launching international services,all-business-class carrier Paramount Airways on Friday placed a $1.5 billion order for acquiring 10 Airbus A-321 aircraft....

Sonam Wangchuk's wife and activist Gitanjali Angmo.

‘State hounding us, we’re under surveillance’: Sonam Wangchuk’s wife writes to President

India2 hr ago

Wangchuk's wife, Gitanjali Angmo, has sent a representation to the President of India seeking his immediate release after being detained by police under the National Security Act. She questions the legality of his detention and the violation of his fundamental rights. Angmo also alleges a "witch hunt" against her husband and urges for his unconditional release.

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