10 Facts About Piaggio Aerospace


Piaggio Aerospace, formerly Piaggio Aero Industries, is a multinational aerospace manufacturing company headquartered in Villanova d'Albenga, Italy.

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Piaggio Aerospace designs, develops, manufactures and maintains aircraft, aero-engines, aerospace components and aerostructures.

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Piaggio Aerospace's facilities were rebuilt following the Second World War and several original designs, including the P 136 seaplane, the P 149 trainer aircraft, and the P 166 utility transport, were released during the first two decades of the postwar era.

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Piaggio Aerospace was negatively impacted by the Great Recession and the downturn in the business aircraft market.

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Piaggio Aerospace benefited from an increased demand for basic aircraft training; during 1953, the German Air Force ordered 265 Piaggio P 149 trainers.

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In 1960, Piaggio Aerospace secured a production license for the Rolls Royce Viper turbojet engine; shortly thereafter, the firm began manufacturing jet engines.

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On 3 December 2018, Piaggio Aerospace was admitted into receivership after having declared itself insolvent.

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Piaggio Aerospace Aero operates two additional service centers, one at Rome's Ciampino Airport and the other at the Pratica di Mare Air Base.

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Piaggio Aerospace Aero worked on the production of aerostructures on behalf of other companies.

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Major portion of Piaggio Aerospace's work has been in the aero engines sector; the company has claimed to be the only aircraft manufacturer that builds and maintains aero engines.

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