Clearwater, FL, April 2, 2007 – Avantair, Inc. (OTCBB: AACQ, AACQU, AACQW) (“Avantair”), the only publicly traded stand alone fractional operator announced today that they will offer financing for its aircraft share purchases. Avantair has partnered with Century Bank to offer Variable Rate Finance Programs.

Mr. Steven Santo, CEO of Avantair stated, "We are pleased to offer a financing option for those considering fractional aircraft share purchase. It is a good alternative way to purchase a fractional share and reap the many benefits of private air travel. Century Bank provides a fine finance program from which our new owners will benefit. ”

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 stand alone fractional operator. The company currently manages a fleet of 32 planes with another 51 Piaggio Avanti IIs
on order. It also recently announced an order of 20 Embraer Phenom 100s. Avantair, with operations in 5 states and approximately 270 employees, offers private travel solutions for individuals and companies at a fraction of the cost of whole aircraft ownership.