Avantair, Inc. to Report Fiscal 2010 Second Quarter Financial Results on February 9th


CLEARWATER, Fla., Feb. 5, 2010 (GLOBE NEWSWIRE) -- Avantair, Inc. (OTCBB:AAIR), the sole North American provider of flight hour time cards and fractional shares in the Piaggio Avanti aircraft, today announced that it will release its financial results for the second quarter of fiscal 2010, ended December 31, 2009, after the stock market closes on Tuesday, February 9, 2010. 

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 on Tuesday, February 9, 2010, at 5:00 p.m. Eastern time to review the Company's financial results and provide an update on business developments.

Interested parties may participate in the conference call by dialing 1-888-549-7704 (480-629-9857 for international callers). When prompted, ask for the "Avantair, Inc. Fiscal 2010 Second Quarter Earnings Conference Call." A telephonic replay of the conference call may be accessed approximately two hours after the call through February 23, 2010, by dialing 800-406-7325 (303-590-3030 for international callers). The replay access code is 4220150#.  The conference call will be webcast simultaneously on the Avantair, Inc. website at www.avantair.com under the Investors section. The webcast replay will be archived for 12 months.

About Avantair

Avantair, the only publicly traded stand-alone private aircraft operator and the sole North American provider of fractional shares and flight hour time cards in the Piaggio Avanti aircraft, is headquartered in Clearwater, FL, with over 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 55 aircraft, with another 52 Piaggio Avanti aircraft on order through 2013. For more information about Avantair, please visit: http://www.avantair.com.



            

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