Aircraft
Piaggio Hopes To Double Avanti Evo Production Rate
Italian company believes emerging markets offer new opportunities while P.180’s popularity in U.S. and Europe continues.
Piaggio CEO Renato Vaghi wants to double the production rate of the Avanti Evo pusherprop.
Piaggio CEO Renato Vaghi wants to double the production rate of the Avanti Evo pusherprop.

Italy’s Piaggio Aerospace, which was acquired by Abu Dhabi, UAE-based Mubadala in 2014, said its new five-year plan unveiled in December has already led to positive results. In fact, sales and production of its $7.7 million Avanti Evo turboprop twin are picking up following a few years of sluggish performance.