Charter broker Paramount Business Jets has introduced an enhanced jet card program with expanded budgeting options and more travel flexibility. Available in three tiers—emerald, gold, and platinum—the jet card provides access to more than 4,000 private aircraft with a minimum of four hours notice.
Other features include low fixed management fees, access to wholesale pricing with no annual flight commitment, and worldwide service with no blackout dates. Paramount’s program also doesn’t require upfront, international, or monthly fees.
A minimum, $100,000 deposit held in a dedicated account is required, which locks in a guaranteed management fee of 16 percent of the total charges for each trip, or $1,600, whichever is greater. Lower management charges are available on larger deposits, and credits as high as $500 per trip can be used for inflight catering or automobile rentals. There is no expiration date on unused jet card funds and they are fully refundable.