SEO Title
Piaggio Makes Plans For New Bizjet
Subtitle
Mubadala of Abu Dhabi is taking the lead in trying to advance the Italian airframer’s plans to launch a new business jet.
Subject Area
Business Aviation
Channel
Aircraft
Teaser Text
Mubadala of Abu Dhabi is taking the lead in trying to advance the Italian airframer’s plans to launch a new business jet.
Content Body

As the majority shareholder in Piaggio Aero Industries, with a 31.5-percent stake, Mubadala of Abu Dhabi is taking the lead in trying to advance the Italian airframer’s plans to launch a new business jet. The company is due to present a business plan and technical specifications for the proposed program by early 2012.

Mubadala has indicated that it will be willing to launch the development only if it can persuade a major existing business aircraft manufacturer to join it as a risk-sharing partner. Dassault, Gulfstream and Cessna have been targeted as prospective partners.

Expert Opinion
False
Ads Enabled
True
AIN Story ID
513c Sovereign
Writer(s) - Credited
Charles Alcock
Content Label
Aircraft
Publication Date (intermediate)
AIN Publication Date
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