Paramount, Embraer plan MRO facility.

Jun. 6--NEW DELHI -- Close on the heels of ordering 40 Embraer aircraft for a list price of $2 billion, Chennai-based Paramount Airways is now looking at setting up maintenance, repairs, overhaul (MRO) and pilot training facilities in the country in association with Brazilian aircraft manufacturer Embraer.

According to Paramount Airways managing director M Thiagarajan, talks in this regard are on with the Brazilian company and a decision in this regard is expected over the next couple of months. Paramount is looking at a pan-India presence by 2011 with a fleet size of 5