Avantair Inc. sells fractional ownership shares of executive air service or ‘flight-hour cards’ of professionally piloted aircraft service for personal and business transportation. Further, the Company provides management services of its aircraft fleet. As the fifth largest executive air provider in the North America serving the fractional aircraft industry, Avantair operates 55 aircraft within its fleet, comprised of 46 aircraft for fractional ownership, five company-owned core aircraft and four leased and company managed aircraft.