Monday March 22 , 2010

Avantair Receives ARGUS Gold Rating

Clearwater, FL, April 2, 2007 – Avantair, Inc. (OTCBB: AACQ, AACQU, AACQW) (“Avantair”), the only publicly traded stand alone fractional operator announced today that they received a Gold Rating from the Aviation Research Group US (ARG/US) CHEQ System. The CHEQ system has three major components: Historical Safety Ratings, Current Aircraft and Pilot
Data, and On-Site Safety Audits. Analysis of these components results in three potential levels of safety rating. Each level reflects analysis and ranking based on increasing amounts of detailed information on the operator.

To receive a Gold Rating ARG/US evaluates data on the aircraft operated and the pilots employed. Operators who meet or exceed the established ARG/US standards for equipment, crew experience, and ratings are assigned the Gold Rating. The emphasis is not only age of aircraft, but also on modern avionics, progressive maintenance, and proven safety devices such as TCAD/TCAS, FMS, and TAWS/GPWS.

Mr. Steven Santo, CEO of Avantair said, "We are pleased to receive this rating from the renowned ARG/US Group and we plan to apply for the Platinum Rating in the fall.”

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.

About ARG/US
ARG/US is the leader in safety, operational, auditing and market research and reporting to the business aviation industry. The ARG/US CHEQ system provides centralized due diligence and worldwide safety audits to the charter consumer to assure that each trip meets their individual standards.

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