Paramount Aircraft Corporation was an American aircraft manufacturer based out of

Saginaw, Michigan Saginaw () is a city in the U.S. state of Michigan and the seat of Saginaw County. The city of Saginaw and Saginaw County are both in the area known as Mid-Michigan. Saginaw is adjacent to Saginaw Charter Township and considered part of Greater ...

The company was formed by Walter J. Carr to produce his highly modified Warner powered Travel Air, the Cabinaire. Eight units were built, with one becoming used for an aerial refueling record attempt. Carr left the company in September 1930 after poor sales of the new aircraft. Behse remained and produced the two-seat side by side open cockpit sportster. During a demonstration flight, the prototype spun in after a steep climb on takeoff and crashed into a lake on 16 May 1931, killing Behse and passenger Whitney Merritt. The company was dissolved as a result.

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