A collision of two aircrafts was averted at the airport in Chennai after alert air traffic control officials stopped a cargo flight preparing to take off without clearance. According to airport......
Four bomb threat calls received in quick succession at Delhi and Bengaluru airports forced the aviation authorities to ground three flights, including two international, sending a panic wave among......
A Gujarati jeweller was detained on Monday for allegedly planting a note about hijackers and a bomb in the toilet of a Mumbai-Delhi Jet Airways flight, forcing the plane to make an emergency......
In our Special Independence Day series, Rediff.com looks at India through the lives of her people. Today: Captain Indu Nair, who joined a private airline after her tenure as a pilot in the Indian......
Privately-held Paramount Airways, promoted by Madurai-based textile major Paramount Group, claims to be the first among new airlines to break even. "We have been running on operating profit for......
Kotak Mahindra's private equity fund, India Growth Fund, has picked up a 10 per cent stake in Paramount Airways - the Coimbatore-based start-up, low-cost carrier.Paramount Airways managing director......
After Air India-Indian Airlines, Jet Airways-Sahara and Kingfisher-Deccan Aviation, another aviation merger is in the air. Madurai-based Paramount Airways is interested in acquiring the......
At 27, M Thiagarajan started Paramount Airways in Madurai with an all-business seat configuration. The idea was to tap corporations that need people to travel frequently between southern cities......
A revival of Paramount Airways might happen, with a British court reportedly awarding it Rs 1,650 crore (Rs 16.5 billion) as compensation in a lawsuit. The airline, grounded by the......