Avantair

October 19, 2010 - 4:56pm

The monthly chore of pulling and replacing Jepp chart pages in a loose-leaf binder may soon go the way of propping an airplane to start its engine as eChart Viewer, Jeppesen’s newest digital charting service, takes hold. In a brief ceremony yesterday at the Jeppesen booth (No. 3004), Avanti fractional operator Avantair became the eChart Viewer launch customer.

October 19, 2010 - 2:27pm

John Bingham, president and CEO of Piaggio America, did not mince words when he kicked off Piaggio Aero's press conference Monday. "It's a horrible market," he said. Piaggio Aero Industries of Italy is the manufacturer of the P.180 Avanti twin turboprop pusher. 

But Bingham then presented an overview of the company's current and future developments, which provided some salve for the grim assessment.

October 13, 2010 - 12:07pm

Italian turboprop manufacturer Piaggio Aero, which recently announced its entry into the Brazilian market, plans to bring its business to Russia as well. The company is seeking Russian certification for its popular P.180 Avanti II twin-engine turboprop, which it expects to begin delivering in the country by April or May of next year.

July 6, 2010 - 10:43am

Fractional provider Avantair, which operates only Piaggio Avanti turboprop twins, opened a new operations center at its headquarters at Clearwater/St. Petersburg (Fla.) Airport early last month. The facility–which features three 200-inch screens to track aircraft 24/7 and monitor weather and breaking news–now serves as mission control for all Avantair flights.

June 1, 2010 - 12:06pm

Fractional provider Avantair, which operates only Piaggio Avanti turboprop twins, officially opened its newly renovated operations center at its headquarters at Clearwater/St. Petersburg (Fla.) Airport this morning. The facility–which features three 200-inch screens to track aircraft 24/7 and monitor weather and breaking news–now serves as mission control for all Avantair flights.

May 20, 2010 - 11:41am

Piaggio Avanti fractional provider Avantair’s revenue increased 4 percent, to $36 million, in its fiscal third quarter (which ended March 31) compared with the year-ago period. Its earnings before interest, income taxes, depreciation and amortization also rose to $1.8 million, up from the $1.5 million reported in the same period last year.

May 5, 2010 - 7:16am

Piaggio Aero (Booth No. 1325) took a bold stance during the recession to broaden worldwide recognition of its P180 Avanti II twin turboprop, according to John Bingham, president and CEO of Piaggio America and chief marketing officer for Piaggio Aero. “It paid off for us,” Bingham told AIN. Potential buyers who might not have considered purchasing an Avanti have added the turboprop to their shopping lists, he said.

April 30, 2010 - 6:43am

Avantair continues to take deliveries of new Avanti II turboprop twins and expects to more than double the size of its all-Avanti fleet over the next three years from 52 to 107 aircraft, the Clearwater, Fla.-based company said. Meanwhile, its aircraft card program continues to grow, with first-quarter sales reportedly increasing 183 percent from year-ago levels.

April 20, 2010 - 12:29pm

Fractional Piaggio Avanti operator Avantair late last week announced more fleet expansion, further growth and new personnel hires. Avantair is continuing to take deliveries of new Avanti II turboprop twins and expects to more than double the size of its fleet over the next three years from 52 to 107 aircraft, the Clearwater, Fla.-based company said.

February 22, 2010 - 9:33am

Fractional provider Avantair reported revenues of $35.8 million for its Fiscal Year 2010 second quarter ending December 31. It recorded operating income of $1.4 million versus an operating loss of $628,000 in the year-ago period, and earnings before interest, income taxes, depreciation and amortization stood at $2.8 million.

 
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