| Headquartered in Clearwater, FL, Avantair Inc.(AAIR)is the exclusive North American provider of fractional aircraft shares in the Piaggio Avanti P.180 aircraft. Avantair is the fifth largest company in the North American fractional aircraft industry and the only standalone fractional operator. As of January 1st, 2008, the company manages a fleet of 44 aircraft and continues to add additional Piaggio Avanti IIs to the fleet every three to five weeks. It also has announced an order of 20 Embraer Phenom 100s. Avantair, with operations in 5 states and approximately 330 employees, offers private travel solutions for individuals and companies at a fraction of the cost of whole aircraft ownership.
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