Avantair, Inc. to Report Second Quarter Fiscal 2013 Financial Results on February 12th

CLEARWATER, Fla., Feb. 8, 2013 (GLOBE NEWSWIRE) -- Avantair, Inc. (OTCBB:AAIR), the industry leader of fractional aircraft ownership in the light jet cabin category and the only publicly traded stand-alone private aircraft operator, today announced that on Tuesday, February 12, 2013, the company will release financial results for the second quarter of fiscal 2013, which ended December 31, 2012.

Avantair's Chief Executive Officer Steven Santo, along with President Stephen Wagman and Chief Financial Officer Carla Stucky, will hold a conference call with the financial community on Tuesday, February 12, 2013 at 5 p.m. ET to review the company's financial results and provide an update on business developments.

Interested parties may participate in the conference call by dialing: 1-888-895-5271 U.S. Toll Free or 1-847-619-6547 U.S. Toll. For international callers, dial: 1-847-619-6547. When prompted, give Confirmation Number: 34223850 or ask for "Avantair's Second Quarter Fiscal 2013 Earnings Conference Call." The live conference call will also be webcast on the company's website at www.avantair.com under the Investors section.

A telephonic replay of the conference call may be accessed approximately two hours after the call through March 13, 2013, by dialing 1-888-843-7419 U.S. Toll Free or 1-630-652-3042 U.S. Toll. For international callers, dial: 1-630-652-3042. When prompted key in the Passcode: 33223850#.

About Avantair

Avantair, the sole North American provider of fractional shares, leases and flight hour cards in the Piaggio Avanti aircraft, and the only publicly traded stand-alone private aircraft operator, is headquartered in Clearwater, FL, with approximately 450 employees. Avantair offers private travel solutions for individuals and businesses traveling within its service area, which includes the continental United States, parts of Canada, the Caribbean and Mexico, at a fraction of the cost of whole aircraft ownership. The company currently manages a fleet of 56 aircraft. For more information about Avantair, please visit: www.avantair.com.

The Avantair, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=14936

CONTACT: Stephen Wagman, President, 727-538-7909
         Carla Stucky, Chief Financial Officer, 727-538-7976
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