Business Summary
Avantair, Inc. engages in the sale and management of fractional ownership interests and charter card usage of professionally piloted aircraft for personal and business use in North America. It sells fractional ownership shares of aircraft and charter cards. The company, through fixed flight based operations, provides aircraft maintenance, concierge, and other services to its customers in Clearwater, Florida; Camarillo, California; and Caldwell, New Jersey. It also offers pilot, maintenance, fuel, and hangar space for the aircraft. In addition, the company operates demonstration flights. Avantair, Inc. markets its fractional ownership interests to individuals and businesses. As of June 30, 2009, it operated 52 aircraft, including 46 aircraft for fractional ownership, 5 company owned aircraft, and 1 leased and company managed aircraft. The company was founded in 2003 and is headquartered in Clearwater, Florida.
