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Piaggio Aerospace Bags U.S. Order for Avanti EVO

: Sep 14, 2020 - : 2:05 pm

Italian airframer Piaggio Aerospace, which is in the process of finding a new owner has announced an order for a new production P.180 Avanti EVO from Florida, USA based Mid-South Services, Inc

Scheduled for delivery in the first half of next year,

The aircraft which is intended for private and commercial use will be delivered in the first half of 2021 and features a 7-seat corporate interior and an extended range supplemental fuel tank.

“The contract signed today, which comes from a customer operating in the most important and dynamic market in the world, confirms once more the global interest for the Avanti EVO and its unique performances”, declared Vincenzo Nicastro, Extraordinary Commissioner of Piaggio Aerospace. “The company, with integrated functions of Customer Service and Sales, is demonstrating an excellent vitality and significant capability to operate in the international markets”.

“The unbeatable speed, cabin comfort and eco-friendly fuel efficiency of the aircraft, make the Avanti EVO my preferred choice over all other products of this category, while the supplemental fuel tank allows us to complete our longer trips without a stop”, said Dean Fuller, President of Mid-South Services and buyer of several Piaggio Avanti aircraft in previous years.

Piaggio Aerospace now has in production 11 new Avanti EVO’s and is proceeding with the upgrading of the onboard systems of an additional 19 P.180 aircraft operated by the Italian Armed Forces.

The total amount of the order portfolio (including the activity of the Engine Business Unit) has a value of approximately 640 million euros ($750 million USD).
Additional orders for a value of 260 million euros ($300 million USD) are under negotiation, the airframer states.

Commissioner Nicastro, appointed by the Italian Government in December 2018, in February of this year issued an international call for tenders for the sale of the business complexes of the company, receiving 19 responses. From these, 11 companies have been granted access to the data room, which will remain open until the end of September. The target of the Commissioner remains the signature of the sale document within this year.

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