10 Facts About Piaggio Aerospace

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

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

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.

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

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.

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

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

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

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.