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...

The Program for the re-launch of Piaggio Aerospace, and the subsequent identification of a new owner, received a green light from the Italian Ministry of Economic Development, which formally authorized its execution.   "We can now launch an international call for tenders and accelerate the ...

Aircraft manufacturer Piaggio Aerospace has won a contract with the Italian air navigation service provider ENAV for the maintenance of four P.180 Avanti turboprops. The €12.6 million contract has a duration of seven years and will provide integrated support for the Avanti aircraft, which are ...

Financially troubled aircraft manufacturer Piaggio Aerospace has received a boost from the Italian Defense Ministry, which announced commitments totalling €700 million (£624 million). The commitment includes the purchase of nine new Avanti Evo executive aircraft, the upgrade of 19 current Ava...

In extraordinary receivership since last December, Piaggio Aerospace has today published a paid notice in a number of financial newspapers, under authorisation from the Italian Ministry of Economic Development. A copy of the announcement can be found at www.piaggioaeroas.it The Extraordinary Com...