Harman Patil (Editor)

Avantair

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Covid-19
VNR  AVANTAIR
Key people  Steven F. Santo
Fleet size  57
Ceased operations  2013
Founded  2003
Avantair httpswwwavantaircomimagesbusinessprivatet
Website  http://www.avantair.com
Stock price  AAIR (OTCMKTS) US$ 0.00 0.00 (0.00%)1 Mar, 4:00 PM GMT-5 - Disclaimer
Headquarters  Clearwater, Florida, United States

Pitchmen billy mays signs up at avantair


Avantair was an aircraft fractional ownership company, headquartered at Clearwater, Florida, U.S.A.. Avantair provided fractional ownership, leasing and time card options within a fleet of twin-turboprop-engined P.180 aircraft. Avantair operated the largest fleet of Piaggio P180 aircraft in the world with a total fleet size of 56 aircraft as of June 2012.

Contents

Avantair


History

Avantair was founded in July 2003 as the exclusive fractional provider of the Piaggio P.180 aircraft and in February 2007, became the only publicly traded (AAIR) stand-alone, private aircraft operator in the industry.

Avantair grounded its fleet in October 2012 following an incident where an elevator separated from the tail of an aircraft in Camarillo, California. In June 2013, Avantair grounded their fleet again due to questions about maintenance and replacement of time-sensitive parts. By the end of June 2013 the company announced that it could not pay workers for shifts worked after June 8, 2013. The company furloughed air and ground crew and was seeking additional financing to resume operations. The company was also the subject of several class action lawsuits and an individual suit alleging that it had failed to provide pre-paid service to customers.

Avantair declared bankruptcy and then held an initial bankruptcy auction on January 10, 2014.

Fleet

  • 56 x Piaggio P180 Avanti
  • 1 x IAI-1125 Astra
  • References

    Avantair Wikipedia


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