Aviation | Regulator suspends Paramount’s licence
1 min read . Updated: 19 Apr 2010, 11:17 PM ISTAviation | Regulator suspends Paramount’s licence
New Delhi: The Directorate General of Civil Aviation (DGCA) suspended the national scheduled airline licence of Coimbatore-based Paramount Airways Pvt. Ltd effective Monday after it fell short of the five-aircraft minimum requirement.
Paramount had three of its five-aircraft fleet de-registered by DGCA due to a payment dispute with aircraft lessor GE Commercial Aviation Services Llc last month.
“The scheduled operators permit has been temporarily suspended effective 19 April," said a DGCA official who did not want to be named as he is not authorized to speak with the media. A second DGCA official confirmed the development.
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