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Piaggio secures Evo order and mulls corporate shuttle launch
23 October, 2019
Piaggio announced at NBAA today
two major developments that could boost its prospects of exiting administration
and finding a buyer –
an order for at least 10 Avanti Evos and the launch of a corporate version.
Extraordinary commissioner Vincenzo Nicastro is preparing to launch a public tender for the Italian company,
which has been in administration since last year,
following the withdrawl of overall shareholder the Abu Dhabi government,
and has an Avanti Evo on display here.
The company also announced at the show the purchase of up to 10 Evos
by long-time Avanti customer Sheikh Khalifa Al Saif.
The first examples to the Saudi businessman are set for delivery in the second half of 2020.
https://www.flightglobal.com/news/artic ... tl-461735/Piaggio has a current orderbook for 10 Avanti Evos,
nine of which are for Italian government and military agencies
following what was effectively a rescue deal by Rome this year.