7/28/2011 - CitationAir is offering customers purchasing a new Jet Card a chance to take advantage of the sunsetting of the FAA legislation which provided for the collection of the 7.5 percent Federal Excise Tax (FET) and other taxes. If customers purchase a minimum of $100,000 on a new, non-refundable 24 month Jet Card, all flying will be FET-free for up to two years.

Jet Edge International Becomes Extended Sales Team for CitationAir

Greenwich, CT, July 27, 2011 – CitationAir, a leader in private jet transportation solutions, today announced a new relationship with Jet Edge International, a California-based private aviation sales organization. Under the relationship, Jet Edge International will serve as an extended sales team for CitationAir in the Western United States & Canada region. The Jet Edge International leadership team previously worked for NetJets® and Marquis Jet®, as well as for several other private aviation companies.

CLEARWATER, Fla. – July 19, 2011 – Avantair, Inc. (OTCBB: AAIR), the only publicly traded, stand-alone private aircraft operator and the leader of fractional aircraft ownership and flight hour time cards in the light jet cabin category, announced that Stephen Wagman has joined the company as executive vice president, finance and operations.

Three-Year Deal is the Brazilian Export-Import Bank’s First-Ever Agreement With a Fractional Jet Operator

CLEVELAND, Ohio and RIO de JANEIRO, Brazil – July 13, 2011 – Flight Options, LLC, the second-largest fractional jet company in the U.S, has entered into a three-year, USD$167 million financing agreement with Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance the company’s purchase of Embraer Phenom 300^® jet aircraft. The first-of-its-kind loan agreement between BNDES and a fractional jet operator will be guaranteed by the Brazilian Ministry of Finance, advised by the Brazilian Export Credit Insurance Agency (SBCE).

CLEARWATER, Fla., -- July 5, 2011 -- Avantair, Inc. (OTCBB:AAIR), the industry leader for fractional aircraft ownership and flight hour time cards in the light jet cabin category and the only publicly traded stand-alone private aircraft operator, introduces two, new owner benefit programs – a 90-day satisfaction guarantee for prospective owners of a Piaggio Avanti and an affinity program offering valuable incentives for current owners.

For the First Time, CitationAir® Offers Private Air Travel to Hawaii.

Greenwich, CT, June 28, 2011 – CitationAir by Cessna®, a leader in private jet transportation solutions, today announced the addition of Hawaii to its U.S. service area. This addition underscores the continued growth that CitationAir has been experiencing in recent months.

CLEARWATER, Fla. – June 28, 2010 – Avantair, Inc., (OTCBB: AAIR), the only publicly traded, stand-alone private aircraft operator and the leader of fractional aircraft ownership and flight hour time cards in the light jet cabin category, announced that Christopher Gleason has joined the company as area sales manager.

Program Combines Benefits of Fractional Ownership with Cost Advantages of Jet Cards

CLEVELAND, Ohio – June 22, 2011 – Flight Options, LLC, the nation’s second-largest fractional jet company, today launched a revolutionary new membership program for the industry-shattering new Phenom 300® executive jet by Embraer. Combining the advantages of fractional ownership with the flexibility of a jet card, the new Flight Options Jet Club Membership^TM program gives Members access to the Phenom 300 without the asset purchase or monthly management fees.