Avantair, Inc. to Report Fiscal Fourth Quarter and Full Year 2009 Financial Results On September 28th and Hold Investor Conference Call On September 29th


CLEARWATER, Fla., Sept. 23, 2009 (GLOBE NEWSWIRE) -- Avantair, Inc. (OTCBB:AAIR), 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, today announced that it will release its financial results for its fourth quarter and fiscal year ended June 30, 2009 after the stock market closes on Monday, September 28, 2009.

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 morning, September 29, 2009, at 8:00 a.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 1-888-846-5003 (480-629-9856 for international callers). When prompted, ask for the "Avantair, Inc. Fourth Quarter 2009 Earnings Conference Call." A telephonic replay of the conference call may be accessed approximately two hours after the call through October 9, 2009, by dialing 800-406-7325 (303-590-3030 for international callers). The replay access code is 4164785 #. 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 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 52 aircraft, with another 56 Piaggio Avanti aircraft on order through 2013. For more information about Avantair, please visit: http://www.avantair.com.



            

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