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CLEARWATER, Fla., Aug. 14, 2008 -- Avantair, Inc. (OTCBB:AAIR) (OTCBB:AAIRU) (OTCBB:AAIRW) ("the Company"), 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 effective August 1, 2008, it entered into a Lease Agreement and Operating Agreement for Fueling Service(s) with the Essex County Improvement Authority. The agreements provide the Company with a fixed base operation ("FBO") at Essex County Airport (KCDW), located in Caldwell, New Jersey. |