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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“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”

-business aviation entrepreneur Nick Popovich