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General Category => General Discussion => Topic started by: Diploman on June 25, 2019, 01:01:34 PM

Title: Piaggio Aerospace
Post by: Diploman on June 25, 2019, 01:01:34 PM

The Italian government is in effect subsidizing Piaggio Aerospace in order to create a more attractive company for a potential buyer.  Thankfully, Guzzi owner Piaggio is said to be a separate (but related) company, theoretically unaffected by the distress of its Aerospace cousin.

https://www.flightglobal.com/news/articles/italian-government-throws-piaggio-700-million-lifel-459275/

Title: Re: Piaggio Aerospace
Post by: Tom on June 25, 2019, 03:46:52 PM

The Italians have a history of making some good aircraft in the past.  The economics of doing that now maybe not so much.  Electric ATV for the Moon or Mars???  :shocked: