Paramount Business Jets sells first $1 million jet card

The Black level jet card tier provides members of Paramount Business Jets a fixed 10% management fee over direct operator pricing.

By Doug Gollan, 2 hours ago

Paramount Business Jets has sold its first Black-tier jet card.

The minimum deposit for the Black level is $1 million.

Founder and CEO Richard Zaher tells Private Jet Card Comparisons the client upgraded from its Platinum tier.

Paramount Business Jet provides a fixed markup from wholesale dynamic pricing.

Moving to the Black tier saves the customer 2%.

The Black level tier features a 10% markup compared to 12% at the Platinum level.

Paramount Business Jets added the $1 million level back in 2023.

Zaher says its new Black-tier customer also retains a fractional share with a major provider.

She uses Paramount for certain international flights, short-notice flights booked less than her fractional operator’s callout, upgrades, and downgrades from her share type.

The company currently has around 75 jet card members, according to Zaher

The entry-level Emerald tier is $100,000 with a 16% management rate.

According to the announcement, “The client made a strategic decision to add Paramount’s transparent private jet card to their existing fractional program, creating a more versatile aviation portfolio that gives them the best of both worlds – the predictability of fractional ownership combined with the agility and transparency of jet card or on-demand charter.”

Zaher says, “Many fractional owners are discovering the advantages of using both models together.”

He continues, “They keep their fractional program for routine travel and add our jet card or charter when they need greater flexibility, last-minute availability, or specific aircraft requirements.”

Zaher adds, “This strategic combination gives them more options and better overall value.”

Nearly 40% of Private Jet Card Comparisons subscribers who have fractional ownership also use jet cards.

Zaher says, “We are proud to serve as both a trusted alternative and a valuable complement to traditional fractional programs.”

Our goal is simple – to give clients more options, better value, and complete peace of mind on every journey.”

Zaher founded Paramount Business Jets in 2005.

Zaher says Paramount emphasizes transparent pricing and the personal touch.

Related Articles

NetJets Praetor 500

Find the perfect solution for your private aviation needs

Save Time. Buy Confidently.

Receive an apples-to-apples comparison of programs that meet your needs from more than 500 jet card and fractional options covering 65 points of differentiation and over 40,000 data points.