Italian aircraft manufacturer Piaggio has told AIN that the first of 56 Avanti P.180 twin-turboprop aircraft from the former fleet of bankrupt Avantair has had its airworthiness certificate revalidated by the FAA. Avantair was grounded, and the airworthiness certificates of all its aircraft were revoked by the FAA, after lax maintenance at the failing fractional program operator came to light earlier this year.
New Jersey-based Part 145 repair station Teterboro Rams, which has mechanics’ liens on four ex-Avantair Piaggio Avanti turboprops in its possession, is “in negotiations with two groups [of owners] to release two of the aircraft,” Rams co-owner Dennis Espinosa told AIN. The FAA revoked the airworthiness certificates of all 56 ex-Avantair Avantis not long after the fractional provider was declared insolvent in late July.
Southern England-based business aircraft sales, charter and management firm ConnectJets has been awarded the UK dealership for the Piaggio Aero Avanti II. As such, it is now the dealer for the twin turboprop in the UK, Ireland, the Channel Islands and the Isle of Man. ConnectJets said it will soon announce a partner so it can launch a shared-ownership program later this year for Avanti II clients throughout the UK and aforementioned self-governing Crown dependencies.
Palm Beach, Fla.-based Piaggio America–the North American representative for Piaggio Aero, the Italian company that manufactures the Avanti twin turboprop–will create an “OEM-trained team with the support of additional specialists furnished from Italy” to offer restoration services to fractional share owners of Avantis grounded by the bankruptcy of Avantair, Piaggio America president and CEO John Bingham told AIN yesterday.
The future of Avantair, the operator of Piaggio Avanti fractional ownership, Axis Lease and Edge Card flight access programs, was hanging in the balance at press time as the Clearwater, Fla.-based company urgently sought restructuring options following its June 26 cessation of operations.
The eleventh-hour proposal to restructure Avantair, the Clearwater, Fla.-based Piaggio Avanti turboprop fractional ownership program, is on hold amid owner resistance.
On Wednesday, Avantair sent out its “go-forward plan” for “NewCo,” the working name for a reborn Avantair, that would first seek to “restructure and stabilize the business” as a mostly East Coast-only fractional provider. Under the plan, the company’s debts would be wiped out, though the plan does not specify how that will be accomplished.
Piaggio Aero has unveiled its P.1HH HammerHead unmanned aerial system (UAS) at the Paris Air Show. First announced in February at the IDEX show in Abu Dhabi, the HammerHead program is based on the company’s P180 Avanti II twin-turboprop business turboprop, but it has reinforced wings with greater area offering extended range and endurance.
Piaggio Aero announced a reduced maintenance program for Avanti I/IIs today at EBACE, extending the heavy inspection intervals for the twin turboprop. Under the new inspection schedule, C and D checks–previously due at 1,500 and 3,000 hours, respectively–have been stretched to 1,800 and 3,600 hours.
Piaggio Aero announced a reduced maintenance program for Avanti I/IIs here at EBACE, extending the heavy inspection intervals for the twin turboprop. Under the new inspection schedule, C and D checks–previously due at 1,500 and 3,000 hours, respectively–have been stretched to 1,800 and 3,600 hours.