May 20, 2011
By Alton K. Marsh
Here comes another business jet. Piaggio says it will freeze the design of its long-rumored new jet by this summer, but it isn’t discussing details until the aircraft is ready to fly. Much of the manufacturing will be done in Abu Dhabi, where an investment company owns a third of the Piaggio firm, but final assembly will be done at the Piaggio plant in Genoa, Italy.
The main shareholder is Tata located in India. Company officials said this is a long-term investment, not a quick effort to realize an immediate profit. For Abu Dhabi, it could mean the start of an aerospace segment for that area. The investment company in Abu Dhabi is Mubadala.
When the design is complete, the company will announce its suppliers. Piaggio makes the speedy P180 Avanti twin-engine pusher turboprop.
The next stop is Putrajaya, Malaysia, on May 17 and 18 for the 2014 Red Bill Air Race World Championship, following an “electrifying” contest in Rovinj, Croatia.
AOPA Foundation President Bruce Landsberg talks with AOPA Senior Vice President of Government Affairs and Advocacy Jim Coon on his first 100 days and the top advocacy issues confronting AOPA.
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