Senior Editor

Jerry Siebenmark

Air charter broker and jet card provider Paramount Business Jets (PBJ) reported today that it has experienced a 318 percent increase in business over the past two years and more than tripled its revenue. In 2021, the Leesburg, Virginia-based company topped $35 million in sales, averaging more than 100 bookings a month. Further, the 17-year-old firm is projecting its revenue to reach $70 million by 2025.

 


“When the pandemic struck our world, we were very fortunate to have our highly-experienced charter consultants already located around the globe to respond quickly and professionally to requests for aircraft,” said PBJ founder and CEO Richard Zaher. “We had the right people, ethics, and processes in place, which allowed us to continue to exceed our clients'&nbsp;highest expectations even as our competitors scrambled to adapt to the changing work environment.”

 


Zaher added that PBJ’s focus going forward will be to further invest and improve upon the technology behind its web-based platform, as well as increase hiring. “Our team has never been as strong as it is today; at the same time, we are investing in the future to ensure our stability for years to come and seeking additional charter professionals,” he said.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.