the only Business Airline in India...providing business class servies @economy fares...it flies only in South -India, where its a mkt. leader with a mkt. share of nearly 26% bt, if v see it on a national perspective its a mere 2%...it connects all the major n small cities in south- India... Paramount is eyeing a controlling stake of 51% in both Spicejet & GoAir... Spicejet is targeted 4 nearly $10 million where as, GoAir is targeted 4 anywhere between $ 25-35 million...if both the deals goes thru... Paramount will become third largest Airline in Indian Aviation industry...Paramount has a fleet 5 Embraer 170/190 series aircrafts the only airline in India using these jets... MD Mr. Thiagarajan was the youngest CEO of any Airline in the world when it took off (then, 27)...the business model adopted by Paramount is now being followed by many interntional airlines... atleast as of now, 4 me its really a Par-amount (Air)ways...
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