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October 22, 2006

Avantair Orders 20 Embraer Phenom 100 Jets

Ardent Acquisition Corp's Avantair (a fractional aircraft shares provider) has reportedly placed a $57 million order with Embraer for  20 Phenom 100 executive jets that should begin to see service in June 2009.

Avantair "currently manages a fleet of 25 planes with another 58 on order in five states and with approximately 250 employees."

Source: bizjournal

Posted at 08:56 PM in Aircraft, Business, Fractional Ownership, Technology |

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