Dubai Airshow shoppers looking to buy an aircraft made by a locally owned company need look no further than the Piaggio Avanti II. The eye-catching twin turbo-prop exudes the Italian style of its origins but Piaggio Aero Industries itself is exhibiting here under the auspices of its one-third shareholder Mubadala Development Co. of Abu Dhabi (Stand C510).
And Piaggio’s future seems destined to rise in the east, with India’s Tata group, the second of its three major shareholders, being lined up for a major role in its plans to develop a new business jet. These plans were confirmed by Piaggio CEO Alberto Galassi at last month’s National Business Aircraft Association Convention in the U.S., although the company will give no indication as to when this program may proceed and what exactly it will deliver to the marketplace. “The world is not ready for it yet,” Galassi said. “When the world is ready for it, we will be there.”