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AeroVanti Air Club wants to disrupt private aviation with its sleek turboprops


Chartering a private plane is never going to be cheap, no matter how many startups have promised to make it more affordable over the years. But that doesn’t mean it can’t become cheaper. AeroVanti Air Club, which is announcing a $9.75 million Series A fundraising round led by Network1 Financial Securities, is betting on the rather distinct Piaggio P.180 Avanti turboprop (you can see where the company name comes from), to offer lower hourly rates for its club members.
Membership fees start at $1,000 per month for an individual membership, $1,500 per month for a family membership and $2,500 for corporate memberships. Hourly rates start at $2,495, about half of what even the most affo …

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