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.
Source: Flight International