Aircraft
Piaggio CEO Steps Down After Pledge On Avanti's Future
The Piaggio board has replaced CEO Carlo Logli on an interim basis with chief operating officer Renato Vaghi.
Piaggio Aerospace insists it will continue to produce and support the Avanti Evo despite a new business plan that focuses on military products. (Photo: Piaggio Aerospace)
Piaggio Aerospace insists it will continue to produce and support the Avanti Evo despite a new business plan that focuses on military products. (Photo: Piaggio Aerospace)

The board of Piaggio Aerospace announced today that CEO Carlo Logli is stepping down to be replaced on an interim basis by COO Renato Vaghi until a permanent replacement is appointed. The move comes a week after the Italian airframer issued a pledge to reassure operators that it will continue to produce and support its Avanti Evo twin-turboprop pusher.