Embraer’s Phenom 100 jet will allow Avantair to expand their product offering

Orlando, Florida (October 17, 2006) - Avantair, a leading provider of fractional aircraft shares, announced today at the National Business Aviation Association (NBAA) Annual Meeting and Convention that it has placed an order for 20 Phenom 100 executive jets from Embraer. Avantair’s firm contract has an order value of $57 million at list price in January 2005 economic conditions. The Phenom 100 is expected to enter service in mid-2008 and Avantair is scheduled to take delivery of its first aircraft in June 2009.

Price, Sales and Service Network, Production Specifications Announced

ORLANDO, Fla., U.S.A., October 17, 2006– Honda Aircraft Company, Inc. began sales of HondaJet at the National Business Aviation Association (NBAA) convention with the announcement of the price, production specifications and a sales and service network for its advanced light jet.  Scheduled to go into production in the U.S. in 2010, pricing is set at $3.65 million for HondaJet in its standard configuration.

PiperJet Will Be Best-In-Class Blend of Performance, Luxury, Utility and Value

ORLANDO, Fla., NBAA, October 17, 2006 – Piper Aircraft, Inc. announced that it will expand into the jet market with the all-new PiperJet, a revolutionary new aircraft that will offer customers a class-setting combination of performance, style, utility, capability and pricing.

ORLANDO, Fla., NBAA, October 17, 2006 – Piper Aircraft, Inc.’s innovative PiperJet will be sold through a newly established dealer distribution network geared to address the sales and service needs of its jet customers.