Leonardo rules out adding Piaggio to portfolio | News

Leonardo rules out adding Piaggio to portfolio | News

Leonardo has reiterated that it has no interest in acquiring Piaggo Aerospace despite being urged by an Italian government minister to bid for the troubled airframer.
Piaggio has been in administration since 2018 and the government-appointed officials running the business are now making their third attempt to find new owners for the P180 manufacturer.

On 6 March, the Italian trade minister Adolfo Urso granted another extension to the administration – it now expires in May 2025 – and…
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Source: https://www.flightglobal.com/business-aviation/leonardo-rules-out-adding-piaggio-to-portfolio/157364.article