Charter & Fractional
Piaggio considers frax role for Avantis
Piaggio Aero, the Italian maker of the sleek P.180 Avanti, is engaged in “some very positive” discussions that would create a fractional-ownership fleet of

Piaggio Aero, the Italian maker of the sleek P.180 Avanti, is engaged in “some very positive” discussions that would create a fractional-ownership fleet of P.180s.
Steve Hanvey, president and CEO of Piaggio America and a board member of parent company Piaggio Aero, told AIN the Genoa-based aircraft manufacturer has been approached by a number of fractional operators, “including some in Europe.”

The seven-passenger twin-turboprop Avanti, with a cabin shorter but otherwise as spacious as a midsize business jet’s, has a max cruise speed of 395 kt, max range of 1,700 nm, service ceiling of 41,000 ft and list price (typically completed) of $4.9 million, and “is an ideal candidate for fractional ownership.”