Performance gains over the predecessor Avanti II attracted much of the attention when Italy’s Piaggio Aero introduced the Avanti Evo at EBACE, but the distinctive twin turboprop also sports a totally new interior. New seats from Iacobucci HF, new lighting and air conditioning system and a finish provided by luxury outfitters Poltron Frau help enhance the passenger experience.
Piaggio Aero has announced the first major order for its Avanti EVO, the prototype of which is making its airshow debut here at Farnborough (Farnborough Airshow News, Monday, July 14, page 82). Hong Kong-based Bravia Capital has signed an order for 10 aircraft with options for another 40. Deliveries are planned to begin in the first quarter of next year.
The European Aviation Safety Agency granted certification yesterday for a new auxiliary fuel tank to be installed on the Piaggio Aero Avanti II and Avanti Evo.
Yesterday at EBACE Piaggio Aero (Booth 6134) launched the Avanti EVO, a new business version of the twin-turboprop P.180 Avanti that promises additional performance, greater passenger comfort and enhanced safety features. Fitted with Piaggio-designed winglets, redesigned engine nacelles, a reshaped front wing (canards) and five-bladed scimitar propellers, the Avanti EVO is more eye-catching than ever. However, the aerodynamic refinements have been undertaken to provide significant performance benefits.
Southern England-based business aircraft sales, charter and management firm ConnectJets has been awarded the UK dealership for the Piaggio Aero Avanti II. As such, it is now the dealer for the twin turboprop in the UK, Ireland, the Channel Islands and the Isle of Man. ConnectJets said it will soon announce a partner so it can launch a shared-ownership program later this year for Avanti II clients throughout the UK and aforementioned self-governing Crown dependencies.
Clearwater, Fla.-based Piaggio Avanti fractional provider Avantair shut down yesterday and furloughed employees as it “seeks alternative financing arrangements that it hopes will enable it to resume operations as quickly and efficiently as possible,” according to an 8-K SEC filing. Employees were also notified that “the company will not be in a position to fund payroll on June 28,” meaning they will not be paid for time worked since June 8.
Piaggio Aero announced a reduced maintenance program for Avanti I/IIs here at EBACE, extending the heavy inspection intervals for the twin turboprop. Under the new inspection schedule, C and D checks–previously due at 1,500 and 3,000 hours, respectively–have been stretched to 1,800 and 3,600 hours.
Clearwater, Fla.-based Piaggio Avanti fractional provider Avantair recalled all of its remaining 15 furloughed pilots yesterday, company CEO Steve Santo told AIN. This brings Avantair’s pilot ranks to 194 people, not including 10 pilots who opted to bypass during the recalls following a voluntary fleet grounding and subsequent pilot furlough late last year.
Piaggio Avanti fractional provider Avantair closed on $2.8 million in new funding yesterday via the issuance of senior secured convertible notes. The notes have a three-year term and an interest rate of 2 percent. In addition, the company restructured its existing aircraft financing arrangements with Midsouth Services, reducing its monthly lease payments by more than $1.8 million during the next 15 months and extending the maturities on two aircraft.
Van Nuys, Calif.-based Elite Aviation has partnered with Piaggio Aero to expand Piaggio Avanti II sales on the U.S. West Coast. Under the agreement Elite will handle Avanti II sales in California, Oregon, Washington and Nevada. “The move into sales is a logical extension for Elite Aviation,” the company said.
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