Avanti II Order Is a Go

Business Jet Traveler » December 2007
Saturday, December 1, 2007 - 4:00am

Piaggio Aero, the Italian aircraft manufacturer, has signed an agreement that calls for 22 Avanti II twin turboprop business aircraft to be delivered to U.S. fractional ownership operator Avantair from 2011 through 2012. Valued at $150 million, the deal represents "one of the largest sales in the history of Piaggio Aero," said company CEO Josй Di Mase.

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Quote/Unquote

““It’s not so much a frenzy as it was before, but in the long term it’s going in the right direction.” ”

-Carey Matthews, general manager of Shanghai Hawker Pacific Business Aviation Service Centre at Hongqiao International Airport, on the business aviation market in China.