Paramount to await DGCA order on dispute with GECAS

Paramount Airways, whose three planes were de-registered by DGCA following a dispute with their lessor, today submitted before the Supreme court that it would wait for the orders of the civil aviation regulator on the issue.  

During the proceedings, senior advocate Abhishek Manu Singhvi submitted before the bench that the Director General of Civil Aviation is likely to pass an order on its plea by Monday.  

After this, a bench comprising Chief Justice K G Balakrishnan and Justices J M Panchal and Deepak Verma adjourned the matter.  

The DGCA had decided to de-register three planes of the Coimbatore-based airline following a dispute over payments with its lessor GE Capital Aviation Service Ltd and Celestial Aviation Trading.  

But the Delhi High Court directed the regulator to give a personal hearing to Paramount Airways and pass an order by Monday.