Orlando, Florida (October 16th, 2006)— Landmark Aviation and Avantair Inc. announced today that the companies have signed a five-year maintenance service agreement for Landmark to provide service, including heavy maintenance inspections for the fractional carriers fleet of Avanti P.180 aircraft. The value of the contract is $5 million over five years and may increase if additional aircraft are serviced.  “Landmark Aviation is pleased to work closely with Avantair to provide comprehensive aircraft service for the Avantair fleet,” said Mark Larsen, Vice President, Large Fleet & Government Accounts. “The agreement provides Avantair with a dedicated heavy maintenance facility at Greensboro, N.C., one of nine Landmark Aviation aircraft service centers in North America offering complete services for corporate aircraft.”

Orlando, Florida (October 16th, 2006)— Landmark Aviation and Avantair Inc. announced today that the companies have signed a five-year maintenance service agreement for Landmark to provide service, including heavy maintenance inspections for the fractional carriers fleet of Avanti P.180 aircraft. The value of the contract is $5 million over five years and may increase if additional aircraft are serviced.  “Landmark Aviation is pleased to work closely with Avantair to provide comprehensive aircraft service for the Avantair fleet,” said Mark Larsen, Vice President, Large Fleet & Government Accounts. “The agreement provides Avantair with a dedicated heavy maintenance facility at Greensboro, N.C., one of nine Landmark Aviation aircraft service centers in North America offering complete services for corporate aircraft.”

Tracy Chaplin, Avantair Chief Operating Officer, said, “Avantair owners will feel confident knowing that Landmark Aviation business operations have a combined 150 years of experience working on business aircraft. Every aircraft and every repair Landmark will perform on the Avanti P.180 will ensure the highest standards of safety for our owners.”

The agreement includes routine inspections — C and D checks — for the fractional carriers fleet of Avanti P.180 aircraft, in addition to 36 Avanti II aircraft on order. Landmarks Greensboro operation, an FBO and MRO service center, provides airframe, engine and avionics service in addition to parts sales and a full range of FBO amenities. Services include fuel, de-icing, line service, ground and cargo handling and aircraft handling.

Additional information about Landmark Aviation and Avantair is available at www.LandmarkAviation.com, www.avantair.com.

Landmark Aviation, formerly known as Garrett/Piedmont Hawthorne/Associated, is one of North Americas largest providers of comprehensive services for the business aviation industry. Serving 43 locations in North America, the company offers a full range of fixed base operations; maintenance, repair and overhaul; aircraft charter, sales and management; and large aircraft completions. Landmark Aviation is headquartered in Tempe, Ariz. Landmark Aviation is a portfolio company of The Carlyle Group.

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 standalone fractional operator. The company currently manages a fleet of 25 planes with another 58 on order. With operations in 5 states and approximately 250 employees, Avantair offers private travel solutions for individuals and companies at a fraction of the cost of whole aircraft ownership. More information about Avantair is available on its website, avantair.com.

For more information, contact:
Heather Dynes
Avantair
973.809.6699

Devlin Lander
Integrated Corporate Relations
415.292.6855