Piaggio Aero Industries, which emerged from bankruptcy five years ago and has gradually stopped bleeding red ink, last month received a record order valued at approximately $200 million for 29 Avanti turboprop twins, including the conversion of five options to firm orders from an earlier acquisition by the same buyer.
Transport in Italy
With the addition of new partners, the Italian aircraft manufacturer Piaggio Aero (Booth No. 3717) is increasing its U.S. presence, and in particular its commitment to customer support in the North American market.
Piaggio Aero and FlightSafety International have expanded their training services agreement, whereby they will place another Piaggio aircraft simulator at FlightSafety’s West Palm Beach, Fla. learning center in 2008. The new Avanti II simulator is being manufactured by FlightSafety and will receive level-D approval. It will be equipped with FlightSafety’s Vital visual system and electric-motion and control-loading technology.
Aero Precision Repair and Overhaul (A-Pro) of Deerfield Beach, Fla., will begin overhaul and repair services on the Piaggio Avanti landing gear and related accessories. The company received approvals from Piaggio and Messier Dowty, the manufacturer of the landing gear.
Rosen Aviation (Booth No. 1864) has announced that its RosenView LX moving-map and passenger-information system, briefing controller and 10.4-inch bulkhead display will be offered as standard equipment in the Cessna Citation XLS+.
Italian aircraft manufacturer Piaggio Aero (Booth No. 3717) yesterday celebrated a milestone agreement with the sale of 22 Avanti II twin turboprops to U.S. fractional operator Avantair.
Piaggio Aero Industries (Booth No. 3717) got a fast start to NBAA’07, setting a speed record with an Avanti II on the way to Atlanta. The twin-engine turboprop covered the 397 nm between Indianapolis International Airport and DeKalb-Peachtree Airport in one hour and nine minutes, for an average speed of 345 knots.
Even as Italian manufacturer Piaggio Aero Industries reaps the benefits of a remarkable sales resurgence in the U.S., the company increasingly views its own backyard as fertile soil for future growth.
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.
Piaggio Aero Industries’ speedy Avanti II, long acknowledged as the fastest turboprop aircraft in the world, is now even faster.
At EBACE, Piaggio announced that the European Aviation Safety Agency (EASA) has granted approval for installation of the Pratt & Whitney Canada PT6-66B in the Avanti II, giving the twin-engine pusher a maximum cruise speed of 402 knots (Mach 0.70).