Enterprise Rent-A-Car and Hotel Connections Selected
CLEARWATER, Fla., Sep 25, 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 rental cars and hotel accommodations.
Tracy Chaplin, Chief Operating Officer stated, "The cost savings we realize from selecting these vendors is significant to our operations. As we foster these relationships with vendors, we will continue to streamline our operating expenses and rationalize our costs."
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.
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