updated 9/29/2010 4:17:14 PM ET 2010-09-29T20:17:14

CLEARWATER, Fla., Sept. 29, 2010 (GLOBE NEWSWIRE) -- Avantair, Inc. (OTCBB:AAIR), the industry leader of fractional aircraft ownership and flight hour time cards in the light-jet cabin category and the only publicly traded stand-alone private aircraft operator, today announced that Chief Executive Officer Steven Santo will present at the Craig-Hallum Alpha Select Conference on Wednesday, October 6, 2010 at 11:00 a.m. Eastern time. The conference is being held at The Roosevelt Hotel in New York.

Mr. Santo will provide a Company overview as well as discuss recent developments and industry trends. A audio webcast of the presentation and accompanying slides will be available under the "Events Calendar" on the "Investors" section of Avantair's website at: http://www.avantair.com/avantair-aair-presentation.html .

ABOUT AVANTAIR

Avantair, the sole North American provider of fractional shares, flight time cards and Axis Club Membership in the Piaggio Avanti aircraft, and the only publicly traded stand-alone private aircraft operator, is headquartered in Clearwater, FL, with approximately 450 employees. The Company offers private travel solutions for individuals and businesses traveling within its service area, which includes the continental United States, Canada, the Caribbean and Mexico, at a fraction of the cost of whole aircraft ownership. The Company currently manages a fleet of 55 aircraft, with another 52 Piaggio Avanti aircraft on order through 2013. For more information about Avantair, please visit: www.avantair.com .

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