Piaggio Aerospace has secured a new order for two P.180 Avanti EVO aircraft from a Turkish company, which will operate them in shuttle and ambulance configuration. The deal, announced at the NBAA-BACE - the business aviation airshow held in Las Vegas (NV) - confirms the continued appeal of the Av...

The transfer of the business complexes of Piaggio Aero Industries and Piaggio Aviation – the two companies under operating under the Piaggio Aerospace brand – to the Turkish aerospace firm Baykar was formally completed today at the Ministry of Enterprises and Made in Italy. Minister Adolfo Ur...

Turkish aerospace company Baykar, provider of unmanned aerial vehicle (UAV) systems and advanced aerospace technologies, has signed a preliminary agreement to acquire the business complexes of Piaggio Aero Industries and Piaggio Aviation, which operate under the Piaggio Aerospace brand. The Itali...

After completing the test flights, Piaggio Aerospace delivered to the Italian Air Force three P.180 Avanti EVO+, the 9-seater aircraft designed and assembled by Piaggio Aerospace in its facilities located in Villanova d’Albenga and Genoa. The three aircraft, which will be assigned to the Air Tr...

After the latest test flights, Piaggio Aerospace has successfully completed the retrofit of a first P.180 operated by the Italian Air Force: technicians and engineers upgraded, certified and delivered a P.180 “Avanti I” - the first release of the aircraft – carrying now a new configuration ...

Piaggio Aerospace’s Commissioners have received 18 expressions of interest (EOIs) for the purchase of Piaggio Aero Industries and Piaggio Aviation, both operating under the Piaggio Aerospace brand and currently under extraordinary administration. The deadline to submit the requested documents e...

The sale process of the business complexes of Piaggio Aero Industries and Piaggio Aviation - the two companies in extraordinary administration that operate under the Piaggio Aerospace brand - enters a new phase. The company’s Commissioner Vincenzo Nicastro, after having completed the evaluation...

With a notice published today in a selected number of financial newspapers, and after receiving the relevant authorization from the Italian Ministry of Economic Development, the Extraordinary Commissioner Vincenzo Nicastro officially reopened the bidding process for the sale of the business complex...

The Italian aircraft and engine-parts manufacturer Piaggio Aerospace and the French company Safran Helicopter Engines have announced today that they signed a Letter of Intent to cooperate on the production of the Ardiden 3 aeroengine family. The agreement covers the manufacture of critical part...

A few days after the announcement of the sale of a P.180 aircraft to a US customer, Piaggio Aerospace, specifically its Engine Division, signs a new contract, worth about 35 million euros, including 3.5 million for optional services, with the Italian Ministry of Defence for maintenance of the Rolls...

The process for the sale of the business complexes of Piaggio Aero Industries and Piaggio Aviation (the two companies in extraordinary receivership operating under the Piaggio Aerospace brand) enters its final stage. After the due diligence phase and after having received the relevant autho...

After the final green light received from the Ministry of Economic Development and the approval of the Supervisory Committee, Piaggio Aerospace and Banca Ifis have now signed a contract for a financing - in the form of an advance on contracts and factoring operations - for a total amount of 30 mil...

While getting closer to the deadline for the submission of expressions of interest for the purchase of its business complexes, Piaggio Aerospace is awarded a new contract worth approximately € 125 million: The Italian manufacturer, in extraordinary administration since the end of 2018, has announ...