▁prem ises ▁of ▁its ▁prom oter ▁Th y ag ra jan ▁and ▁the ▁company ▁function aries . ▁ ▁Dest in ations ▁Param ount ▁Air ways ▁mainly ▁provided ▁services ▁to ▁cities ▁in ▁South ▁India . ▁In ▁ 2 0 0 9 . ▁it ▁extended ▁services ▁into ▁eastern ▁India , ▁serving ▁the ▁cities ▁of ▁Kol k ata , ▁Gu w ah ati ▁and ▁Ag art ala . ▁ ▁Fle et ▁ ▁The ▁Param ount ▁Air ways ▁fleet ▁consisted ▁of ▁Em bra er ▁E 1 7 0 s , ▁and ▁was ▁the ▁first ▁air line ▁in ▁India ▁to ▁operate ▁this ▁aircraft . ▁ ▁On ▁ 2 0 ▁June ▁ 2 0 0 9 , ▁Param ount ▁Air ways ▁signed ▁a ▁Mo U ▁to ▁buy ▁ten ▁Air bus ▁A 3 2 1 - 2 0 0 ▁aircraft ▁with ▁an ▁option ▁for ▁an ▁additional ▁ten . ▁The ▁agreement ▁was ▁concluded ▁at ▁the ▁ 4 8 th ▁Paris ▁Air ▁Show ▁and ▁was ▁to ▁be ▁fund ed ▁by ▁the ▁European ▁Central ▁Bank . ▁It ▁also ▁ordered ▁six ▁Bomb ard ier ▁D ash ▁ 8 ▁Q 4 0 0 s . ▁However , ▁the ▁de als ▁did ▁not ▁material ise . ▁ ▁Awards ▁and ▁recognition ▁Param ount ▁Air ways ▁won ▁the ▁" Arch ▁of ▁Europe " ▁Award ▁in ▁the ▁year ▁ 2 0 0 7 ▁in ▁Frankfurt . ▁Param ount ▁Air ways ▁was ▁awarded ▁the ▁" A ward ▁of ▁Ex cell ence " ▁con ferred ▁by ▁the ▁Institute ▁of ▁Econom ic ▁Studies ▁ ▁References ▁ ▁External ▁links ▁Official ▁website ▁Param ount