Aircraft

DATE:05/04/06
SOURCE:Flight International
Piaggio: 'New business jet programme could launch before year-end'

Italian manufacturer Piaggio Aero has confirmed its long-speculated launch of a second business aircraft type could happen as early as this year and that it will be a jet.

Senior board members at the Genoa-based airframer have confirmed that two turbofan-powered concepts are being studied – one a similar size to its P180 Avanti twin-pusher turboprop, the other slightly larger – and that the board will take a decision on which one to back "shortly".

The company, whose shareholders include the head of the Ferrari automotive family, plans to team with a major risk-sharing partner to develop the aircraft.

Piaggio also manufactured several P166 maritime patrol turboprop aircraft for the Italian government, but activity is now restricted to overhaul, leaving the company a one aircraft company. Speculation has mounted in the past two years over the need to diversify into an additional business aircraft type, either a larger version of the P180 or a jet version.

More details on this story will appear in the 11-17 April issue of Flight International.

Rate this article
12345
Poor   Outstanding
Average rating: 4 out of 5

Click here to check out the highest rated articles
 

For exclusive news and expert analysis every week subscribe to Flight International print edition. Included with your subscription are 4 FREE issues and FREE delivery to your home or office.


FREE Online Marketing Training

Learn how to reach new customers through online advertising and email marketing, drive traffic through SEO and generate new leads online with Flightglobal's 'What Works Online' webinar series

Don’t miss you opportunity to be trained by the experts

FREE Online Marketing Training

Learn how to reach new customers through online advertising and email marketing, drive traffic through SEO and generate new leads online with Flightglobal's 'What Works Online' webinar series

Don’t miss you opportunity to be trained by the experts