Avantair, Inc. Takes Delivery of 100th Piaggio P.180 Avanti in the U.S.

CLEARWATER, Fla. – November 17, 2011 -- Avantair, Inc. (OTCBB: AAIR), the industry leader of fractional aircraft ownership in the light jet cabin category and the only publicly traded stand-alone private aircraft operator, announced today that it has taken delivery of the 100th Piaggio Aero P.180 Avanti aircraft.

The centennial aircraft, serial #1216, was recently delivered to Avantair’s headquarters in Clearwater, Florida. Avantair operates the world’s largest fleet of Piaggio Aero aircraft and is the manufacturer’s largest customer.

“We at Avantair are very proud to be the recipient of the 100th Piaggio P180 Avanti in the United States. Piaggio Aero is our longstanding partner and this magnificent airplane has helped us to grow our market share across all of our private aviation programs,” said Steve Santo, CEO of Avantair. “Piaggio Aero’s Avanti II provides exceptional comfort, speed, safety and unparalleled value to our customers and we are pleased to be the exclusive fractional and card provider of this aircraft in North America.”

“Our 100th Avanti aircraft delivery in the USA is a major milestone for Piaggio Aero and a true validation of how well suited the P 180 Avanti is to the market in the United States with both private and commercial operators,” said John Bingham, president and CEO of Piaggio America.