Latest Piaggio Aero Stories

VAN NUYS, Calif., Oct. 18, 2011 /PRNewswire/ -- Elite Aviation, the premier global private jet company with an extensive and diverse fleet that serves high net worth individuals with flights worldwide and Piaggio Aero, makers of the renowned Piaggio Aero P180 Avanti II turboprop aircraft, announced today a partnership to expand aircraft sales in North America. Elite Aviation will be the West Coast sales center for Piaggio, serving California, Oregon, Washington and Nevada, and spearhead...

Tata Group, the Indian conglomerate, has acquired a one-third stake in the Italian aircraft company Piaggio Aero Industries, the Italian company said, without providing financial details of the transaction. The purchase makes Tata one of the main shareholders, alongside the Ferrari and Di Mase families and Mubadala Development, of Abu Dhabi. The Tata investment consists of buying existing shares and participating in a new capital subscription, Piaggio Aero said. Tata will have three of the...