CLEARWATER, Fla., May 13, 2008 (PRIME NEWSWIRE) -- Avantair Inc. (OTCBB:AAIR), (OTCBB:AAIRU), (OTCBB:AAIRW) ("Avantair"), the only publicly traded stand-alone fractional operator and the exclusive provider of fractional shares in the Avanti P.180 aircraft, today announced that it will release its financial results for the third quarter of fiscal 2008 ended March 31, 2008 after the stock market close on Wednesday, May 14, 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 800-257-2101 (303-262-2050 for international callers). When prompted, ask for the "Avantair Inc. Fiscal Third Quarter 2008 Earnings Conference Call." A telephonic replay of the conference call may be accessed approximately two hours after the call through May 21, 2008, by dialing 800-405-2236 (303-590-3000 for international callers). The replay access code is 11114397#.
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, with operations in 5 states and approximately 300 employees, offers private travel solutions for individuals and companies at a fraction of the cost of whole aircraft ownership. Headquartered in Clearwater, FL, the Company is the sole 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 stand-alone fractional operator. The Company currently manages a fleet of 47 Piaggio Avanti P.180 aircraft, with another 60 Piaggio Avanti IIs on order through 2013. For more information about Avantair, please visit: http://www.avantair.com.