Tata Group

October 19, 2009 - 4:43pm

Piaggio Aero CEO Alberto Galassi yesterday confirmed that the company’s much anticipated, follow-on aircraft to the P.180 Avanti II turboprop would be a jet. “Definitely,” he said. 

June 30, 2009 - 12:05pm

In a three-way deal that first came to light as a memorandum of understanding (MOU) last year, Sikorsky announced last month that it had completed an agreement for India’s Tata Advanced Systems Ltd (TASL) to build the cabins of its S-92 Helibus in India.

The cabins will be manufactured at a new TASL facility in Hyderabad in the state of Andhra Pradesh. Deliveries will begin next year.

June 16, 2009 - 11:33am

In a three-way deal that first came to light as a memorandum of understanding (MOU) last year, Sikorsky announced on Friday that it completed an agreement for India’s Tata Advanced Systems Ltd. (TASL) to build the cabins of its S-92 Helibus in India. The cabins will be manufactured at a new TASL facility in Hyderabad in the state of Andhra Pradesh. Deliveries will begin next year.

June 15, 2009 - 7:44am

Sikorsky and the Tata Group have signed an agreement for the Indian enterprise to build cabins for the S-92 helicopter. Tata Advanced Systems Ltd. will establish a new facility at a greenfield site in Hyderabad, and is due to begin deliveries from late 2010.

May 10, 2009 - 5:32am

Piaggio Aero Industries’ new management team is still refusing to go public on long-rumored plans that it will launch a new jet program. At the same time, the Italian manufacturer has reported that production rates for the existing P.180 Avanti II twin pusherprop are holding up well in soft market conditions.

October 27, 2008 - 12:05pm

Tata Ltd., a UK-based subsidiary of India’s Tata Sons, has agreed to take a one-third share of Italy’s Piaggio Aero Industries, manufacturer of the Avanti II turboprop twin. The proposed investment by Tata Ltd., which was expected to receive regulatory and other approvals last month, includes the purchase of existing shares from current shareholders and a new share offering.

October 5, 2008 - 4:05pm

 India’s Tata Sons, has agreed to buy a one-third share of Italy’s Piaggio Aero Industries, manufacturer of the Avanti II turboprop twin.

Announced to the financial press on Thursday and at an NBAA press conference yesterday, the proposed investment by Tata Ltd., which is expected to receive regulatory and other approvals later this week, includes the purchase of existing shares from current shareholders and a new share offering.

 
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