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Wednesday, April 01, 2009, 10:00 Hrs  [IST]

Paramount Airlines to set up new hub in Kolkata by May-June this year as part of its expansion plans

Paramount Airways is planning to expand its operations across the country. The company will set up a new hub in Kolkata by May-June this year to expedite its penetration into the Northern and Eastern markets, increase fleet size and launch international services by 2012. According to an IANS report, as per M. Thiagarajan, Managing Director, Paramount Airways, Buddhadeb Bhattacharjee, Chief Minister, West Bengal is ‘keen’ on improving the air connectivity with Southern states. Explaining West Bengal’s interest, Thiagarajan said that many Southern cities did not have direct connection with states located in North Eastern parts of India. Paramount will have direct flights from Chennai to Kolkata and from there connecting flights to cities like Guwahati, Imphal and Dibrugarh (all in Assam).

He further added that they will continue to expand their flights to Western India, and will be flying to Northern Indian by early next year. In 2012, they will be going international. According to industry estimates, the new hub at Kolkata could cost the company around Rs 30 crore towards handling equipment, ticket reservation systems and other expenses.


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