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Owners Head for Exits as Avantair’s Prospects Dim

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The future of Avantair, the operator of Piaggio Avanti fractional ownership, Axis Lease and Edge Card flight access programs, was hanging in the balance at the end of Friday as the Clearwater, Florida-based company urgently sought restructuring options following its June 26 cessation of operations. (www.bjtonline.com) More...

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