News

Private Luxury Flights Go “Green” With Avantair

Avantair, Inc. (OTCBB:AAIR),
the only publicly traded stand-alone private aircraft operator, attributes its
continued growth in an otherwise contracting marketplace to eco-friendly
operations and standard-setting aircraft. As the sole North American provider of
fractional shares and flight time cards for the Piaggio Avanti, Avantair is a
major contributor to recent reports that business aircraft flight activity is at
its highest level since last October, according to data released by Aviation
Research Group/US (ARG/US).

The report states: "Part 135 flying was down just 3.5 percent compared with the
same month last year, while fractional activity fell 7.7 percent, ARG/US data
shows. However, fractional turboprop flying is up 24.4 percent, thanks to
fractional provider Avantair." Avantair is the sole private aircraft operator of
multi-engine turboprops, and is the only fractional operator experiencing flight
hour growth across all private aircraft categories mentioned in the report.

At a time when travelers are evaluating their transportation options, Avantair’s
environmentally conscious aircraft and flight programs stimulate owner demand.
Avantair’s Piaggio Avanti aircraft feature innovative engineering enabling the
lowest fuel burn and carbon emissions in the industry. The aircraft fly at a
brisk 450 mph while burning 40 percent less fuel than competitors; this in turn
leads to an average of 35 percent less carbon emissions, as well as lower
overall costs. The aircraft also feature the same size cabin cross section as a
super mid-size aircraft and one of the quietest rides. The advanced design of
the Piaggio Avanti lends itself to a spacious, luxurious stand-up cabin — with
oversized leather seats and plenty of workspace.

Setting the pace towards greener aviation, Avantair was first in the industry to
offset aircraft carbon emissions by purchasing Flight TerraPass credits for all
new owners. TerraPass works by funding clean energy and greenhouse gas reduction
projects throughout the U.S. The TerraPass credits fund three types of carbon
emission reduction programs to support: (1) clean energy such as wind; (2) farm
power such as dairy farm methane digesters; and (3) landfill gas capture which
reduces the impact of human waste. This allows Avantair the unique ability to
provide luxurious private jet travel while also maintaining a minimal carbon
footprint when compared to competitors. Avantair has offset over 5.8 million
lbs. of CO2 on behalf of its owners to date.

"At Avantair, we want to take responsibility for changing the conventional
aviation practices by offering our customers a fuel-efficient, greener way to
travel in comfort and class," said Steven Santo, founder and CEO of Avantair.

Avantair recently announced fleet expansion of three Piaggio Avanti II aircraft
deliveries, with another delivery to follow this year. Avantair’s fleet growth
comes despite an industry downturn of 40 percent fewer jets sold in 2009 to
fractional owners, according to "Business Aviation Outlook, Fractional Ownership
and Jet Cards" by Rolland Vincent Associates.

About Avantair

Avantair, the only publicly traded stand-alone private aircraft operator and the
sole North American provider of fractional shares, flight time cards and Axis
Club Membership in the Piaggio Avanti aircraft, is headquartered in Clearwater,
FL, with approximately 450 employees. The Company offers private travel
solutions for individuals and businesses traveling within its service area,
which includes the continental United States, Canada, the Caribbean and Mexico,
at a fraction of the cost of whole aircraft ownership. The Company currently
manages a fleet of 55 aircraft, with another 53 Piaggio Avanti aircraft on order
through 2013. For more information about Avantair, please visit:
www.avantair.com.