SEO Title
Piaggio Returns to Business Aviation’s Big Show under New Ownership
Subtitle
The Italian aircraft maker is now owned by Turkey’s Baykar group
Subject Area
Onsite / Show Reference
Company Reference
Teaser Text
Under the new ownership of Turkish defense group Baykar, Piaggio Aerospace is back at the NBAA-BACE show signalling its commitment to business aviation.
Content Body

Piaggio Aerospace is making its first appearance at an NBAA-BACE show under the ownership of its new parent company, Baykar. In July, the Turkish defense group completed its acquisition of the Italian aircraft manufacturer, after an insolvency and restructuring process that stretched more than six years.

The distinctive P.180 Avanti Evo twin pusherprop flown to Las Vegas from Florida is one of more than 40 aircraft on the convention’s static display at Henderson Executive Airport. Its presence signals Baykar’s commitment to keeping Piaggio in the business aviation sector alongside its core activities in developing uncrewed air vehicles and military technology.

Baykar also might have ambitions to revive Piaggio’s planned P.1HH HammerHead medium-altitude long-endurance drone, which was based on the Avanti airframe.

In September, Italy’s Guardia di Finanza police force ordered a third P.180 Avanti Evo in what was Piaggio’s first aircraft transaction under its new ownership. The takeover by the Turkish group had to be approved by the Italian government, and Piaggio, which was founded in 1884, is now led by Giovanni Tomassini, who was promoted from COO to CEO in July.

In addition to private and business transportation roles, Avantis are also operated in a variety of governmental and military roles, including surveillance, environmental monitoring, and border protection. The aircraft is also available with an air ambulance cabin interior.

Expert Opinion
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Ads Enabled
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Used in Print
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AIN Story ID
391
Writer(s) - Credited
Charles Alcock
Solutions in Business Aviation
0
AIN Publication Date
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