Avantair, Inc

Industry:

Airlines, Airports & Air Services

Description

Avantair, Inc. (Avantair) is engaged in the sale and management of fractional ownerships of professionally piloted aircraft for personal and business use. During the fiscal year ended June 30, 2008 (fiscal 2008), Avantair operated 49 aircrafts. The Company also provides aircraft maintenance, concierge and other services to customers and services to the Avantair fleet from hangars and office locations in Clearwater, Florida, Camarillo, California and Caldwell, New Jersey. The Company presently sources all of its aircraft from a single manufacturer, Piaggio America, Inc. In fiscal 2008, the Company’s fleet consisted of 49 aircraft, of which approximately 41.3 were fractionalized; 26 shares were available for sale, and five core aircraft operate to provide additional capacity. In fiscal 2008, the fractional aircraft in Avantair’s fleet are Piaggio Avanti P-180 turboprops.
(Source: 10-K)

Products & Services

fractional aircraft shares, fractional ownership

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Billing Manager Tampa Bay , FL

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News Archive

United States: Avantair plans regional expansion with Avanti II. TendersInfo; 9/30/2009 US fractional ownership company Avantair is planning to expand its regional network...charter card programmes continues to soar. Avantair has formed fixed-base operations and...delivery of 11 Avanti IIs this year," says Avantair chief executive Steve Santo. He attributes... ...more

FORM 8-K: AVANTAIR ANNOUNCES ENTRY INTO MATERIAL DEFINITIVE AGREEMENT US Fed News Service, Including US State News; 10/24/2009 WASHINGTON, Oct. 22 -- Avantair, Inc., Clearwater, Fla., files...registrant as specified in its charter is Avantair, Inc. State of Incorporation: Delaware...Definitive Agreement. On Oct. 16 Avantair, Inc. (the "Company" or "Avantair... ...more

United States : Avantair sets out expansion plans as Avanti deliveries climb. TendersInfo; 10/22/2009 Byline: kusumv03 Avantair took delivery at the show this morning...fractional and charter card programmes. Avantair has established fixed-base operations...upper Mid-West and the Bahamas. Avantair is set to take delivery of nine Avanti... ...more