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Avantair, Inc. (AAIR)


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Avantair, Inc.

4311 General Howard Drive
Clearwater, FL 33762
United States
727-539-0071
http://www.avantair.com

SectorServices
IndustryAir Services, Other
Full Time Employees525

Key Executives

NameTitlePayExercisedAge
Mr. Steven F. SantoChairman and Chief Exec. Officer530.88kN/A50
Mr. Bret A. HolmesChief Financial OfficerN/AN/A52
Walter GarnerDirector of OperationsN/AN/AN/A
Ms. Allison RobertoGen. CounselN/AN/AN/A
Mr. David CannSr. VP of Safety, Quality & ComplianceN/AN/AN/A
Amounts are as of December 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Avantair, Inc. provides private aviation services primarily in North America. The company engages in the sale of fractional ownership interests; lease of flight hours; and sale of flight hour cards for the usage of professionally piloted aircraft for personal and business use. It also manages aircraft fleet; offers aircraft related management and maintenance services; and provides limited fixed based operation services in Clearwater, Florida, and Camarillo. In addition, the company offers pilots, maintenance, fuel, and hangar space for the aircraft under management and maintenance agreements with fractional owners and lessees. As of September 28, 2012, it managed a fleet of 57 aircrafts. Avantair, Inc. was founded in 2003 and is headquartered in Clearwater, Florida. On July 25, 2013, an involuntary petition for liquidation under Chapter 7 was filed against Avantair, Inc. in the U.S. Bankruptcy Court for the District of Delaware. On August 16, 2013, the involuntary petition was approved by the Court.

Corporate Governance

Avantair, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.