Paramount Airways (Chennai) remains grounded in India as its AOC still remains suspended. According to this report by The Financial Express, the airline has been rejected in its application by the DGCA seeking the import of at least five Bombardier regional jets. The company is also appealing in the Madras High Court the decision by the DGCA to suspend its AOC.
Paramount Airways (Chennai) hopes to resolve its issues with GECAS and resume services today. It leased Embraer aircraft were de-registered on Friday (by its own request) pending a successful outcome of a payment dispute with the leasing company.