Piaggio Group

October 8, 2007 - 5:51am

Sviluppo Italia, the Italian government industrial investment agency, has bought more than 20 percent of Piaggio Aero Industries, parent company of Piaggio America, with an investment of E20 million ($21.8 million).

September 20, 2007 - 6:51am

For its sleek Avanti II, Piaggio reports a two-year backlog valued at more than $600 million. That’s the good news. The bad news is that despite efforts to increase production, the Italian manufacturer shows little sign of putting a credible dent in that backlog in the near future.

 
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