Piaggio Aero Industries’ new industrial plant in Villanova d’Albenga, Italy, a future production facility for the Avanti II twin turboprop, is expected to be completed soon and fully functional by the first quarter of next year, the aircraft manufacturer told AIN. Originally set to be up and running last year after its 2011 groundbreaking, the factory is the linchpin of Piaggio’s single-production-site strategy intended to improve the efficiency of its aircraft manufacturing and MRO activities.
The assets of bankrupt fractional provider Avantair will be auctioned off next month at a warehouse about a mile from the company’s former headquarters at St. Petersburg-Clearwater International Airport in Florida. According to court documents, the auction is being held off-site from its headquarters to address airport security concerns, especially since the building is adjacent to a National Guard air unit.
AINtv has been looking at new unmanned aerial vehicle designs in the works to meet evolving surveillance and other special-missions needs.
Piaggio Avantis formerly in the Avantair fleet, stripped of their airworthiness certificates (ACs) by the FAA in the wake of the August bankruptcy of the Clearwater, Fla.-based fractional program operator, now have approved paths to recertification.
Piaggio Aero and Selex ES announced at the Dubai Airshow that the first flight of the P.1HH HammerHead Demo unmanned aircraft system (UAS) technology demonstrator took place on November 14 at Trapani air force base in Italy.
Piaggio Aero and Selex ES revealed here yesterday that the first flight of the P.1HH HammerHead Demo unmanned aircraft system (UAS) technology demonstrator took place on November 14 at Trapani air force base in Italy.
The demonstrator took off at 110 knots rotation speed and flew over the Mediterranean Sea for approximately 12 minutes while being remotely piloted from a ground-control station. The flight was conducted with the aircraft in mid-flap configuration, with landing gear extended, with it reaching an altitude of 2,000 feet and a speed of 170 knots.
Both Tawazun and Mubadala are displaying models of the new maritime patrol aircraft (MPA) version of the Piaggio Avanti that is under development for Adasi, a Tawazun subsidiary. Piaggio Aero, in which Mubadala has a large stake, is developing the aircraft platform with a long-span wing and increased foreplane and tailplane area, among other changes. Sweden’s Saab has been employed to provide the mission system. The MPA will be operated by a crew of four, comprising a pilot, two sensor/system operators and a mission commander.
Mubadala, Abu Dhabi’s investment diversification catalyst, will launch a new combined Aerospace, Communications Technology and Defense Services (ACTDS) portfolio, a merger of business units designed to maximize intra-unit synergies, at this year’s Dubai Airshow.
Some 21 businesses in the ACTDS portfolio incorporate international industry leaders and emerging domestic players with more than 10,000 global employees. Together, the ACTDS businesses contributed almost 40 percent of Mubadala’s revenues in the first half of its 2013 fiscal year.
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.
After making a €190 million cash infusion, Tata Ltd., the British arm of the Indian Tata Group, and Abu Dhabi-based Mubadala Development became the main shareholders of Piaggio Aero Industries, while Piero Ferrari remains as a minority stakeholder. Before the transaction, Tata and Mubadala each owned a one-third share in the company.
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