Piaggio increases capital, Tata now first shareholder
Piaggio Aero has raised more equity to fund projects like the P.1HH Hammerhead. Photo: David McIntosh
Piaggio Aero has raised more equity to fund projects like the P.1HH Hammerhead. Photo: David McIntosh

Italy’s Piaggio Aero Industries (Stand 1906) announced before the Dubai Airshow that India’s Tata group is now its largest shareholder, with 44.5 percent of the company’s new equity.