Avantair Inc. to Report Fiscal First Quarter 2009 Financial Results On November 12th


CLEARWATER, Fla., Nov. 10, 2008 (GLOBE NEWSWIRE) -- Avantair Inc. (OTCBB:AAIR) (OTCBB:AAIRU) (OTCBB:AAIRW), the only publicly traded stand-alone fractional operator and the sole North American provider of fractional shares in the Piaggio Avanti P.180 aircraft, today announced that it will release its financial results for the first quarter of fiscal 2009 ended September 30, 2008 after the stock market close on Wednesday, November 12, 2008.

Following the press release, Chief Executive Officer Steven Santo, Chief Financial Officer Richard Pytak and Chief Operating Officer Kevin Beitzel, will hold a conference call with the financial community at 5:00 p.m. Eastern Time on the same day to review the Company's financial results and provide an update on business developments.

Interested parties may participate in the conference call by dialing 800-218-0713 (303-262-2161 for international callers). When prompted, ask for the "Avantair Inc. Fiscal First Quarter 2009 Earnings Conference Call." A telephonic replay of the conference call may be accessed approximately two hours after the call through November 19, 2008, by dialing 800-405-2236 (303-590-3000 for international callers). The replay access code is 11122339#.

The conference call will be webcast simultaneously on the Avantair Inc. website at www.avantair.com under Investors. The webcast replay will be archived for 12 months.

About Avantair

Avantair, the only publicly traded stand-alone fractional operator and the sole North American provider of fractional shares in the Piaggio Avanti P.180 aircraft, is headquartered in Clearwater, FL with approximately 400 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 50 aircraft, with another 59 Piaggio Avanti IIs on order through 2013. For more information about Avantair, please visit: http://www.avantair.com.



            

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