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Avantair Establishes New Contracts to Add Value for Owners and Streamline Its Operations

CLEARWATER, Fla., Sep 24, 2007 - Avantair, Inc. (OTCBB:AAIR), (OTCBB:AAIRU) (OTCBB:AAIRW) ("Avantair"), the only publicly traded stand-alone fractional operator, announced today it has signed new contracts for chauffeured services and catering.

Avantair has named Savoya as its preferred partner for chauffeured services. Savoya, the industry leader in global chauffeured services, was established in 2000 to address the ground transportation needs of the world's traveling elite. "We are pleased to be Avantair's preferred ground transportation partner," said Robert Dobrient, president and CEO of Savoya. "Both Savoya and Avantair demonstrate a shared commitment to providing quality customer service to luxury travelers, making this a perfect pairing."

Avantair also signed an exclusive catering contract with Aviation Services Network (ASN). ASN will provide inflight catering support for all Avantair flights throughout The United States, Canada and Mexico. "We're excited to be a part of the service platform that Avantair has chosen to use. We believe that we share the same vision and continue to strive for a continued elevated level of service," stated Joseph Celentano and John Celentano, owners of ASN.

Tracy Chaplin, Chief Operating Officer stated, "Both of these vendors exemplify an unmatched dedication to excellence. We have aligned the company with vendors that share our priority of continued service to our owners."

ABOUT AVANTAIR

Headquartered in Clearwater, FL, Avantair Inc. is the exclusive 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 publicly traded stand-alone fractional operator. As of July 31st, 2007, the company managed a fleet of 37 aircraft with another 48 Piaggio Avanti IIs on order. It also recently announced an order of 20 Embraer Phenom 100s. Avantair, with operations in five states and approximately 300 employees, offers private travel solutions for individuals and companies at a fraction of the cost of whole aircraft ownership.