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Leonardo: Francesco Bernardi new focal point for Piaggio Aero activities

Another step towards an acquisition operation?

The current leader of the Business Unit "Competitive Analysis and Strategies" of Leonardo Francesco Bernardi, a few days ago was also named Leonardo focal point for activities related to Piaggio Aerospace. His task will be to better define the possible future scenarios, working in coordination with the Managing Director of the Aircraft Division Lucio Valerio Cioffi in what could be considered the first step of the Italian company towards a possible acquisition of Piaggio Aero, currently in administration extraordinary. A clue can be represented by the recent declarations of the CEO of Leonardo Alessandro Profumo: "We know that Piaggio Aero performs important functions for the Air Force, such as the maintenance of the MB-339 plane which is important for our client and for us".

Leonardo's interests would relate to engine maintenance and aircraft. The assignment given to Bernardi to define the future scenarios of Piaggio Aero could be a new clue to the acquisition by Leonardo, also with a credit of around 115 million Euro against the Ligurian company.

M/A - 1220445

© AVIONEWS - World Aeronautical Press Agency Srl