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Piaggio Aerospace: six new Avanti Evo aircraft

Italian MoD formalises order with the company

Lorenzo Guerini, the Italian Minister of Defence, had announced it last October, just after having signed the relevant Decree. Yesterday, the much-awaited order has been eventually formalized: Piaggio Aerospace, the Italian aircraft manufacturer currently attending "EBACE" in Geneva (Switzerland, May 23-25), provides the Italian Armed Forces with six new P-180 Avanti EVOs, which will add to the nine sold in December 2019 and currently under production.

“This contract further improves the Company’s portfolio, just when the deadline for potential investors to submit the binding offers to purchase Piaggio Aerospace’s business assets is approaching”, said Piaggio Aerospace’s Extraordinary Commissioner Vincenzo Nicastro. “Meanwhile we are working actively on the private customers’ market, too, in order to consolidate their interest in our aircraft”.

The agreement -signed by the Directorate of Aeronautical Armaments and Airworthiness and Nicastro -is worth approximately 55 million euro and requires the Company to produce and deliver the six aircraft within the next two years. The new Avanti Evo’s will be provided with those technical upgrades that had already been outlined in the previous contract and that are now in their very last stage of development or have already been fine-tuned by the Italian company’s engineers.

The purchase of these new Avanti Evo’s partially replaces the retrofitting of the eighteen P-180s currently in use by the Italian Carabinieri, Army, Navy and Air Force. 

This agreement brings Piaggio Aerospace’s Avanti Evo order portfolio to 17 units, while the total backlog amounts approximately to 446 euros million as of December 31, 2021.

From the 23rd to the 25th of May, the industry is one the 200+ exhibitors who are in Geneva, Switzerland, to take part in one of the most appealing international events of the business aviation industry: the European Business Aviation Convention and Exhibition ("EBACE"), which is coming back live after a two-year stop caused by the Covid-19 pandemic.

Among the nearly fifty airplanes on display at the local international airport, the Italian Company showcases its flagship product: the Avanti EVO. 

 The Italian Company is meanwhile approaching the final stage of the sale process. By May 30, the potential buyers who were granted access to the data room can submit their binding offers to the Company’s Extraordinary Commissioner, Vincenzo Nicastro

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AVIONEWS - World Aeronautical Press Agency