Avantair, Inc. (AAIR) - Description of business
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Avantair was founded in July 2003 as the exclusive fractional provider of the Piaggio Avanti aircraft and in February 2006, became the only publicly traded stand-alone private aircraft operator in the industry. Under the entrepreneurial spirit and leadership of founder and CEO, Steven Santo, Avantair grew to one of the most unique fractional companies in the private aircraft ownership industry with the world’s largest fleet of Piaggio Avanti’s.