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Avantair, Inc. Reports Fiscal First Quarter 2010 Financial Results

Through Industry Downturn Avantair Delivers Quarterly Operating Profitability and Record Gains in Both Flight Time Cards Sold and Flight Hours

CLEARWATER, Fla. – November 16, 2009 -- Avantair, Inc. (OTCBB: AAIR), the sole North American provider of flight hour time cards and fractional shares in the Piaggio Avanti aircraft, today announced financial results for its fiscal first quarter ended September 30, 2009.

Avantair, Inc. To Report Fiscal First Quarter 2010 Financial Results on November 16th

CLEARWATER, Fla. – November 10, 2009 – 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 first quarter of fiscal 2010 ended September 30, 2009 after the stock market closes on Monday, November 16, 2009.

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