Paramount Business Jets reaches 200,000 flight mark, earns a spot on Inc. 5000

Paramount features a dynamic pricing model for its jet card with a fixed 10-11% markup for members starting at $50,000

 

Private jet charter, jet card membership, and sales and leasing broker Paramount Business Jets (PBJ) said it recently received its 200,000th charter flight request while hopping onto Inc. Magazine’s list of the 5,000 fastest-growing companies in the United States. 

Why private jet ownership is becoming an option for 50 hours per year fliers

Farmingdale, Long Island-based Ventura Air is making a case that you don’t need to fly 400 hours per year to own your own private jet

 

It used to be there was a fairly standard way to look at private aviation solutions. If you were flying under 25 hours per year, an on-demand charter was the way to go. Jet cards were for 25 to 50-hour fliers, while those between 50 hours and 400 hours you were in the red zone for fractional ownership and leasing. Only if you or your company needed over 400 private flight hours per year would full ownership make sense. 

The personal touch will remain important in private jet charter

At revolution.aero technology may have been center stage, but private jet charter brokers are likely to be a core part of the business for a while longer

 

While the focus of revolution.aero, a conference organized by Corporate Jet Investor here in San Francisco, was squarely on how technology will change the way we fly – including commuting to work aboard battery-powered airplanes and supersonic private jets within the next decade – charter customers will continue to want high touch service said, several executives. 

Despite Brexit, Air Partner says private jet travel to the U.K. is growing

Air Partner’s jet card program starts at 10 hours and enables members to use funds for on-demand charter

 

Private jets chartered by European business travelers jumped nearly 10% during July and August compared to the same period in 2017, according to on-demand charter and jet card broker Air Partner. In a press release, Julia Timms, Air Partner’s Chief Marketing Officer, said, “Our latest figures seem to indicate there is continuing business confidence in the UK from European businesses, with bookings for private jet travel increasing by eight percent compared to the same time last year….We are also seeing continuing confidence in private jet travel as well as a subtle change in which sectors are flying for business reasons, showing private jet charter remains fiercely competitive for corporates.” 

Joe Cohen exits, Clive Jackson returns as CEO at Victor

Cohen had come aboard earlier this year and during his brief tenure Victor launched Alto, a frequent booker program for private jet charter customers

 

Joe Cohen joined U.K.-based tech-focused on-demand charter broker Victor in May and he has apparently departed. At the time, the former Match.com executive replaced Victor founder Clive Jackson who had become CEO of a newly formed holding company, Alyssum Group back in January. In June, Victor announced the launch of Alto, a frequent flier program for its private jet charter customers.