Indigo, Jet, Paramount, look to add capacity-Airlines / Aviation-Transportation-News By Industry-News-The Economic Times
Apparantly as per the article he has applied for permission to to import 17 jets, which include 10 Airbus 321, one Embraer ERJ and six Q400.
As per another publication Airbus India head has denied any orders from him and clearly stated that all he has is an inquiry from Paramount at last years air show which does not add upto an order. Embrarer has also denied any orders.
Response given to this by the MD was apparently on the line that he does not need to buy from the manufacturer as there are sufficient aircraft lying parked due to the downturn. Considering how small the leasing community is the guys probably going to need an all cash down payment to get these aircraft. Any educated guesses how much he would require?