Charter & Fractional
Avanti sells 22 Avanti IIs to frax firm Avantair
Italian aircraft manufacturer Piaggio Aero (Booth No.

Italian aircraft manufacturer Piaggio Aero (Booth No. 3717) yesterday celebrated a milestone agreement with the sale of 22 Avanti II twin turboprops to U.S. fractional operator Avantair.

The pending deal is valued at more than $150 million and deliveries are to begin in 2011 and continue through 2012. By the time the last Avanti II is turned over to Avantair, the Clearwater, Fla.-based company’s fleet of Avantis and Avanti IIs will total more than 100 aircraft.